USD/JPY chart - Trading View
USD/JPY holding steady above 107 handle, trades in narrow range with session high at 107.33 and low at 107.15.
The pair has paused 4 straight sessions of weakness as risk reset across markets dents haven demand for yen.
USD/JPY consolidates trade below 200-DMA. The pair was trading 0.03% higher at 107.26 at around 04:00 GMT.
A 'Death Cross' (bearish 50-DMA crossover on 200-DMA) formation on the daily charts keeps downside pressure in the pair.
Indicators are aligned for bearish push and upside remains capped at 5-DMA.
Daily cloud is major support and break below will confirm further weakness. Drag till 61.8% Fib at 105.20 then likely.
Strong resistance is seen at 21-EMA (107.82). Bearish invalidation only above 200-DMA (108.29).
Major Support Levels: 106.71 (Lower BB), 106.44 (50% Fib), 105.20 (61.8% Fib)
Major Resistance Levels: 107.82 (21-EMA), 108.29 (200-DMA), 108.47 (110-EMA)


FxWirePro: GBP/AUD firms slightly, but downward resumption looks likely
FxWirePro: USD/JPY firms as bearish yen sentiment persists
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
FxWirePro: EUR/AUD recovers some ground, but outlook remains bearish
China's Refining Industry Faces Major Shakeup Amid Challenges
FxWirePro: USD/ZAR retreats as markets await U.S.-Iran talks and South Africa data
Fade the Rally: AUD/JPY Eyes 109.30 Downside as Resistance Holds
2025 Market Outlook: Key January Events to Watch
FxWirePro-24-Hour Crypto Category-Based Performance Dashboard
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
FxWirePro: USD/CAD gains as broad dollar strength lifts pair
Energy Sector Outlook 2025: AI's Role and Market Dynamics
FxWirePro- Major Pair levels and bias summary
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
JPY Major Currency Score: All Pairs Trading Flat with Neutral Bias 



