- USD/JPY bulls back in control, pair recovers from session lows of 110.64 to retake the 111 handle.
- Technical studies support further upside, the major on track to test 111.80.
- 5-DMA at 110.05 is immediate support, break below could see some downside.
- Major support levels - 110.05 (5-DMA), 109.07 (trendline resistance turned support), 108.55 (Nov 17 low)
- Major resistance levels - 111.45 (May 30 high), 111.88 (double top Apr 25&28), 112
- Our previous call (http://www.econotimes.com/FxWirePro-USD-JPY-off-5-month-highs-at-11078-bias-higher-good-to-buy-on-dips-409909) has achieved TP1.
Recommendation: Book partial profits, raise trailing stop to 110, hold for upside.
FxWirePro's Hourly USD Spot Index was at 73.0645 (Neutral), while Hourly JPY Spot Index was at -150.215 (Highly bearish) at 0500 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex


EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: EUR/ AUD neutral in the near term, scope further downside
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie
FxWirePro: GBP/AUD eases slightly, focus on near-term support
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide
FxWirePro: EUR/AUD slips after surprise U.S. employment data 



