USD/JPY chart - Trading View
USD/JPY was trading 0.35% higher on the day at 107.78 at around 08:20 GMT.
The pair has edged lower from session highs at 108.08, finds stiff resistance at 21-EMA at 108.18.
The major is extending gains for the second straight session on broad-based US dollar demand.
Persistent worries over the economic fallout from the coronavirus pandemic together with Wednesday's dismal US economic data likely to cap upside.
Technical indicators do not provide a clear directional bias. Retrace above 200-DMA could see upside resumption.
Focus on U.S. weekly jobless claims data due later in the U.S. session, which might influence the USD price dynamics.


FxWirePro- Woodies Pivot(Major)
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
FxWirePro- Major Crypto levels and bias summary
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Stock Futures Dip as Investors Await Key Payrolls Data
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
FxWirePro: USD/CAD downside pressure builds, key support level in focus
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
Wall Street Analysts Weigh in on Latest NFP Data
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 



