USD/JPY technical analysis: Buyers challenging the 110.00 figure

Flavio Tosti Independent Analyst

USD/JPY daily chart

USD/JPY is attempting to base above the 109.00 figure.

USD/JPY 4-hour chart

USD/JPY is challenging the 110.00 figure as the market is trading above the 50 SMA.

USD/JPY 30-minute chart

USD/JPY is trading above its main SMAs suggesting bullish momentum in the near term.
Buyers are challenging 110.06 big resistance. When broken 110.30 and 110.60 can become the next price targets to the upside.
Support is at the 109.80 and the 109.50 price level. A break below 109.00 on a daily closing basis may invalidate the bullish bias.

Additional key levels

USD/JPY

Overview
Today last price	109.98
Today Daily Change	0.13
Today Daily Change %	0.12
Today daily open	109.85

Trends
Daily SMA20	110.87
Daily SMA50	111.1
Daily SMA100	110.5
Daily SMA200	111.44

Levels
Previous Daily High	109.97
Previous Daily Low	109.33
Previous Weekly High	110.96
Previous Weekly Low	109.46
Previous Monthly High	112.4
Previous Monthly Low	110.8
Daily Fibonacci 38.2%	109.73
Daily Fibonacci 61.8%	109.58
Daily Pivot Point S1	109.46
Daily Pivot Point S2	109.08
Daily Pivot Point S3	108.83
Daily Pivot Point R1	110.1
Daily Pivot Point R2	110.35
Daily Pivot Point R3	110.74

Author

Flavio Tosti

Independent Analyst

AUD/USD falls to near 0.7100 after slipping below 50-day EMA

AUD/USD depreciates after registering minor gains in the previous day, trading around 0.7120 during the Asian hours. The technical analysis of the daily chart shows the pair consolidating sideways within a rectangle pattern, as neither bulls nor bears gain control. The AUD/USD pair is holding a slight bearish tone however as it sits beneath both the nine-day and 50-day EMAs.

160.00: USD/JPY back near intervention territory after upbeat US jobs report

US Nonfarm Payrolls beat expectations by a wide margin in May, with 172K jobs added. The US Dollar rebounds after the release, helping USD/JPY recover from its intraday lows. Warnings from Japanese authorities continue to limit upside potential near the 160.00 threshold.

Gold targets $4,300 amid stronger Dollar

Gold faces increasing selling interest and navigates the area of three-month lows near the $4,300 mark per troy ounce on Friday. The precious metal’s decline comes as traders assess the stronger-than-expected NFP, while the bid bias in the Greenback and higher US Treasury yields also collaborate with the retracement.

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano (ADA) price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit.

Week ahead – Fed countdown begins amid US inflation data and geopolitical risks

Fed Chair Warsh’s first meeting approaches as key US inflation data could reshape expectations. Oil prices remain elevated as US-Iran talks continue; tariffs also return to the spotlight. ECB is expected to hike; will it be a one-off move or is July live?

The US economy defies the rules: 100 days into the Oil shock and the recession signal is still missing

More than three months after the start of the Iran war and the resulting disruption to global energy markets, the US economy continues to display remarkable resilience. The conflict has triggered a sharp rise in Oil prices, reignited inflationary pressures and fueled widespread concerns about a potential economic slowdown.