USD/JPY chart - Trading View
USD/JPY was trading 0.14% higher on the day at 105.50 at around 06:15 GMT, bias is bullish.
The pair hovers around crucial 200-DMA resistance and decisive break above is likely to propel prices higher.
U.S. dollar is tracking gains in US Treasury yields which hit 11-month high. S&P 500 Futures also print higher on market optimism.
Along with risk-on mood, comments from BOJ’s Kuroda, Japan FinMin Aso adds to the upside momentum.
Aso earlier ruled out any recall of the fiscal support measures, followed by Kuroda who refrained from calling the latest stock rally ‘excessive’.
Technical indicators are supportive of further gains in the pair. Price action is testing crucial resistance at 200-DMA. Decisive break above to see upside open up.


EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD slips after Fed holds rates steady
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Major Crypto levels and bias summary
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 



