USD/JPY chart - Trading View
- USD/JPY extends previous session's gains, trades 0.09% higher on the day at 111.73.
- US dollar buoyed across the board after upbeat US PPI and jobs data overnight.
- Data the showed a larger-than-expected increase in PPI in March and initial jobless claims at the lowest since 1969.
- US Treasury yields bounced back, and as the yield-curve becomes less of a concern, markets remain risk-on.
- The pair could extend bullish momentum upto 112 mark. Further upside to see test of 76.4% Fib at 112.21.
- On the flipside, daily cloud offers strong support. Weakness only on break below.
- Focus now on US export/import prices along with UMitch Consumer Sentiment Index for further impetus.
Support levels - 111.50 (200-DMA), 110.78 (cloud top)
Resistance levels - 112, 112.21 (76.4% Fib)
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/USD rises as soft US data pressures dollar
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



