USD/JPY technical analysis: Greenback at its highest in 4 days against Yen - 110.00 figure is the next big hurdle for bulls

Flavio Tosti Independent Analyst

USD/JPY daily chart

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

USD/JPY 4-hour chart

USD/JPY is challenging the 110.00 figure and the 50 SMA.

USD/JPY 30-minute chart

USD/JPY is trading above its main SMAs suggesting a bullish bias in the near term.
Bulls need to break above 110.06 strong resistance to move up towards the 110.30 and 110.60 price levels.
Support is at 109.80 and the 109.65 price level. A break below 109.00 on a daily closing basis can invalidate the bullish bias.

Additional key levels

USD/JPY

Overview
Today last price	109.85
Today Daily Change	0.26
Today Daily Change %	0.24
Today daily open	109.59

Trends
Daily SMA20	110.97
Daily SMA50	111.14
Daily SMA100	110.51
Daily SMA200	111.45

Levels
Previous Daily High	109.71
Previous Daily Low	109.15
Previous Weekly High	110.96
Previous Weekly Low	109.46
Previous Monthly High	112.4
Previous Monthly Low	110.8
Daily Fibonacci 38.2%	109.37
Daily Fibonacci 61.8%	109.5
Daily Pivot Point S1	109.26
Daily Pivot Point S2	108.93
Daily Pivot Point S3	108.71
Daily Pivot Point R1	109.82
Daily Pivot Point R2	110.04
Daily Pivot Point R3	110.37

Author

Flavio Tosti

Independent Analyst

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Breaking: US and Israel attack Iran, risk aversion to sweep global markets

Early Saturday, United States (US) President Donald Trump announced that the US had begun “major combat operations” in Iran, following Israel’s pre-emptive missile attacks against Tehran.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.