USD/JPY chart - Trading View
USD/JPY was trading 0.17% lower on the day at 104.76 at around 10:00 GMT after closing 0.47% lower in the previous session.
The pair is trading weaker for the 4th straight session and technical studies show scope for further weakness.
Price action has breached major trendline support at 105.11, next support lies at 104.18 (July 31st low).
BoJ’s upbeat economic assessment and risk-off in the markets underpinned the Japanese yen weighing on the pair.
Kuroda's comments keep downside limited. BoJ Governor Haruhiko Kuroda said that the central bank would not hesitate to add monetary easing if necessary.
That said, technical bias is sharply bearish. ADX and MACD support weakness. Rising volatility to drive prices lower.


FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: AUD/USD softens as risk appetite abates
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro- Woodies pivot (Major)
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro- Major Crypto levels and bias summary 



