Chart - Courtesy Trading View
Spot Analysis:
USD/JPY was trading 0.06% higher on the day at 114.18 at around 06:30 GMT.
Session's High/ Low: 114.31/ 114.08
Previous Week's High/ Low: 114.30/ 112.72
Previous Session's High/ Low: 114.21/ 113.75
Technical Analysis:
GMMA Indicator
- Long and near term moving averages are sharply higher, suggest bullish bias
Ichimoku Analysis
- Price action is well above daily cloud
- Chikou span is biased higher
Oscillators
- Stochs and RSI show bullish momentum
Bollinger Bands
- Bollinger bands are flat on daily charts, volatility is high on the weeklies
Major Support Levels: 114.02 (5-DMA), 113.59 (21-EMA)
Major Resistance Levels: 114.50 (Upper BB), 114.69 (Oct 20 high)
Summary: USD/JPY trades with a bullish bias, poised for further upside. Next bull target lies at 114.70. Bullish invalidation only below 21-EMA.


FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 



