USD/JPY chart - Trading View
USD/JPY was extending marginal gains on the day and was trading 0.03% higher on the day at 104.98 at around 05:35 GMT.
The pair has ignored a Doji formation on the previous day's candle and uptrend remains intact.
Price action is consolidating break above daily cloud and 21W EMA, technical bias remains bullish.
Momentum indicators are bullish, volatility is high and rising as evidenced by widening Bollinger bands.
Analysis of GMMA indicator shows minor trend is strongly bullish, while major trend is turning bullish.
Oscillators on daily charts are at overbought levels, but no signs of weakness seen. Pullbacks, if any, are likely to be shallow.
Price action is extending break above 23.6% Fib and is on track to test 200-DMA at 105.60 ahead of 38.2% Fib at 106.07.


GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro- Major Crypto levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: USD/ZAR bears maintain upper hand
NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish 



