Chart - Courtesy Trading View
Technical Analysis:
- USD/JPY was trading 0.12% lower on the day at 142.16 at around 06:10 GMT
- The pair is consolidating previous session's losses, finds support at 21-EMA
- Price action has slipped below 200H MA, GMMA indicator shows bearish shift on the intraday charts
- Momentum is turning bearish, Stochs and RSI are showing a bearish rollover from overbought levels
- Chikou span is biased lower, MACD is showing a bearish crossover on signal line
Major Support Levels: 141.66 (21-EMA), 141
Major Resistance Levels: 143.11 (5-DMA), 143.35 (200H MA)
Summary: USD/JPY trades rangebound as investors gear up for preliminary PMIs from the US for fresh trading impetus. Price action pivotal at 21-EMA support. Break below will drag the pair lower.


FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: USD/JPY remains in familiar place on intervention threat
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro- Major Pair levels and bias summary 



