The Greenback is trading flat against the Yen, but higher lows are pricing in ahead of US NFP. The price action is trading tightly with the 50-hour EMA as consolidation draws out. Technical indicators are mixed, but bullish potential appears to be building as the USD/JPY challenges the 109.00 handle. USD/JPY chart, 1-Hour Spot rate: 109.15 Relative change: 0.32% Trend: Sideways Support 1: 108.80 (50-hour exponential moving average) Support 2: 108.38 (Thursday low) Support 3: 108.11 (one-month low) Resistance 1: 109.41 (161.8% 1-day Fibonacci level) Resistance 2: 109.83 (weekly high) Resistance 3: 110.47 (61.8% 1-week Fibonacci level) FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US President Trump: US will provide support for coal plants FX Street 5 years The Greenback is trading flat against the Yen, but higher lows are pricing in ahead of US NFP. The price action is trading tightly with the 50-hour EMA as consolidation draws out. Technical indicators are mixed, but bullish potential appears to be building as the USD/JPY challenges the 109.00 handle. USD/JPY chart, 1-Hour Spot rate: 109.15 Relative change: 0.32% Trend: Sideways Support 1: 108.80 (50-hour exponential moving average) Support 2: 108.38 (Thursday low) Support 3: 108.11 (one-month low) Resistance 1: 109.41 (161.8% 1-day Fibonacci level) Resistance 2: 109.83 (weekly high) Resistance 3: 110.47 (61.8% 1-week Fibonacci level) Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
