USD/JPY chart - Trading View
USD/JPY holding steady above 107 handle, trades in narrow range with session high at 107.33 and low at 107.15.
The pair has paused 4 straight sessions of weakness as risk reset across markets dents haven demand for yen.
USD/JPY consolidates trade below 200-DMA. The pair was trading 0.03% higher at 107.26 at around 04:00 GMT.
A 'Death Cross' (bearish 50-DMA crossover on 200-DMA) formation on the daily charts keeps downside pressure in the pair.
Indicators are aligned for bearish push and upside remains capped at 5-DMA.
Daily cloud is major support and break below will confirm further weakness. Drag till 61.8% Fib at 105.20 then likely.
Strong resistance is seen at 21-EMA (107.82). Bearish invalidation only above 200-DMA (108.29).
Major Support Levels: 106.71 (Lower BB), 106.44 (50% Fib), 105.20 (61.8% Fib)
Major Resistance Levels: 107.82 (21-EMA), 108.29 (200-DMA), 108.47 (110-EMA)


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
China's Refining Industry Faces Major Shakeup Amid Challenges
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One
Geopolitical Shocks That Could Reshape Financial Markets in 2025
Energy Sector Outlook 2025: AI's Role and Market Dynamics 



