USD/JPY: Next solid resistance emerges at 146.00 – UOB

Pablo Piovano FXStreet

The continuation of the uptrend in USD/JPY appears likely with the next hurdle of relevance now emerging at 146.00, comment FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang.

Key Quotes

24-hour view: “Yesterday, we indicated that USD ‘could rise above 144.00 but is unlikely able to maintain a foothold above this level’. USD subsequently popped to a high of 144.70, dropped to 143.39 before snapping back up to close at 144.04 (+0.22%). Despite the choppy price actions, the overall outlook points to a higher USD today. That said, the major resistance at 145.00 is unlikely to come under threat (144.70 is still quite a strong resistance level). Support is at 144.00 followed by 143.65.”

Next 1-3 weeks: “We have expected USD to trade sideways since late last week. Yesterday, USD soared and tested the top of our expected range of 141.40/144.70 (high of 144.70 during NY hours). While it is premature to expect a break of 145.00, the odds of USD rising above this level have increased. Looking ahead, the next resistance level of note is at 146.00. Support wise, a breach of 143.30 (‘strong support’ level) would indicate that the chance of USD breaking 145.00 has passed.”

Author

Pablo Piovano

FXStreet

Born and bred in Argentina, Pablo has been carrying on with his passion for FX markets and trading since his first college years.

EUR/USD stays near 1.1650 with fading momentum

EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. The 14-day Relative Strength Index momentum indicator at 39 trends lower, confirming fading momentum rather than oversold conditions.

GBP/USD remains below 1.3450, nine-day EMA

GBP/USD remains subdued for the fourth consecutive day, trading around 1.3430 during the Asian hours on Friday. The momentum indicator 14-day Relative Strength Index at 51.9 is neutral, reflecting slower momentum after firm recent readings. An RSI drop back beneath 50 would strengthen the case for a deeper pullback.

Gold edges lower as USD preserves its recent gains ahead of US NFP report

Gold struggles to capitalize on the previous day's goodish rebound from the vicinity of the $4,400 mark and attracts fresh sellers during the Asian session on Friday. The US Dollar preserves its gains registered over the past two weeks and touches a nearly one-month high, undermining the commodity.

Bitcoin, Ethereum and Ripple find key support, reviving rally hopes

Bitcoin, Ethereum, and Ripple steadied above key support levels on Friday after being rejected at mid-week resistance zones. The short-term recovery prospects remain intact if the top three cryptocurrencies by market capitalization hold these support zones.

2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet

Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.

Pepe Price Forecast: PEPE risks 100-day EMA fallout as bullish interest fades

Pepe is under extreme selling pressure, trading in the red for the fifth consecutive day, down 1% at press time on Friday. Pepe’s decline following a 72% hike last week suggests a likely profit-booking phase, while on-chain data indicates declining network activity.