TRENDING:

XAU/USD

EUR/USD

USD/JPY Important Resistance Could Reject the Price

Nenad Kerkez Top-XE

The USD/JPY has spiked due to excessive USD buying negating the yen strength during risk off as seen yesterday. The pair is at important POC zone (D H4, order block, 50.0, trend line) 110.50-55. However if momentum persists the pair could spike further to the upside towards 110.70-85 POC2 (61.8, W H3, historical sellers). Watch for possible rejection within the POC zones although I personally favour the POC2 rejection due to possible Friday profit taking. The pair should drop to 109.65 if rejected.

USD/JPY Current Trading Positions

Sell 44%

Buy 56%

Avg Sell Price 111.95

Avg Buy Price 109.45

Liquidity Distribution

Author

Nenad Kerkez

Top-XE

GBP/USD remains offered near 1.3470

GBP/USD adds to the multi-day negative streak and retreats toward the 1.3470 zone on Wednesday, or four-week troughs. Cable’s deep correction comes on the back of the unabated recovery in the Greenback and the persistent geopolitical concerns.

EUR/USD recovers toward 1.1600 on renewed USD weakness

EUR/USD gains traction in the second half of the day on Wednesday and rises toward 1.1600. The US Dollar (USD) weakens, possibly due to another intervention in foreign exchange markets to support the Japanese Yen, and allows the pair to stretch higher. Meanwhile, the data from the US showed earlier in the day that employment in private sector rose less than expected in August.

Gold turns positive as turmoil in Yen pairs hits US Dollar

Gold (XAU/USD) stages a sharp rebound on Wednesday, reversing all its earlier losses as a sudden rise in the Japanese Yen (JPY) triggers broad selling pressure on the US Dollar (USD).

WTI advances to mid-$90.00s, fresh high since July 24 amid escalating US-Iran tensions

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – scales higher for the third straight day – also marking the fifth day of a positive move in the previous six – and climbs to a fresh high since July 24 during the Asian session on Wednesday.

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

The cryptocurrency market is pulling back broadly on Wednesday as investors adopt a cautious stance, with Bitcoin consolidating near its short-term support at $77,000. Ethereum remains under pressure, slipping toward $2,400. Ripple is also trending lower.

Diesel’s record $100 warning: The oil shock hiding in plain sight

The Oil market may look calmer than it did a few months ago, but diesel is sending a very different message. The US diesel crack spread, the premium of ultra-low sulphur diesel futures over WTI, recently surged above $100 per barrel for the first time, reaching an intraday record of just over $102.00.

USD/JPY Important Resistance Could Reject the Price

USD/JPY Current Trading Positions

Broker Reviews

Gold sellers cautious amidst weak ADP numbers, NFP on radar

Buy Dollar weakness, sell Cable rips [Video]

Currencies and jobs

Silver depends on two metals that just fell

Another day of short selling, when does this end?

Bond markets still in focus, as Iran war heats up

Editor's Picks

GBP/USD remains offered near 1.3470

EUR/USD recovers toward 1.1600 on renewed USD weakness

Gold turns positive as turmoil in Yen pairs hits US Dollar

WTI advances to mid-$90.00s, fresh high since July 24 amid escalating US-Iran tensions

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

Diesel’s record $100 warning: The oil shock hiding in plain sight

Best Brokers in 2026

USD/JPY Current Trading Positions

Legal Text

Editor's Picks

Best Brokers in 2026