USD/JPY chart - Trading View
USD/JPY was trading 0.03% lower on the day at 105.68 at around 04:10 GMT.
Price action has slipped below the 106 handle as recovery attempts in the pair have been rejected at 50-DMA.
Fresh US-China trade war fears keep the pair depressed. Also, Suga’s election victory earlier strengthened the yen.
Technical analysis support weakness in the pair. Scope for test of trendline support at 105.16.
Further weakness will drag the pair to test 104 levels. 5-DMA is immediate resistance at 105.88. Bearish invalidation above 50-DMA.
Support levels - 105.16 (trendline), 105, 104.18 (July 31st low)
Resistance levels - 105.88 (5-DMA), 106.03 (21-EMA), 106.20 (50-DMA)


FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro- Woodies pivot (Major)
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary 



