USD/JPY is dropping below the June’s low while trading below the 107.00 mark. In the United States, Nonfarm Payrolls came in line with expectation with 144K jobs in July while wages came in better-than-expected at 3.2% vs. 3.1% forecast. The level to beat for bears are seen at 107.20, 107.50 and at the 107.82 support. USD/JPY daily chart USD/JPY is challenging the June lows while trading in a bear trend below its main daily simple moving averages (DSMAs). USD/JPY 4-hour chart USD/JPY is trading below its main SMAs, suggesting a bearish bias in the medium term. Bears expect the decline to continue towards 106.65, 106.54, 106.15 and the 105.85 support, according to the Technical Confluences Indicator. USD/JPY 30-minute chart The market is trading below the major SMAs, suggesting a bearish bias in the short term. Resistances are seen near 107.20, 107.50 and the 107.82 levels, according to the Technical Confluences Indicator. Additional key levels 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 Ethereum technical analysis: ETH/USD the downside risks still loom FX Street 4 years USD/JPY is dropping below the June's low while trading below the 107.00 mark. In the United States, Nonfarm Payrolls came in line with expectation with 144K jobs in July while wages came in better-than-expected at 3.2% vs. 3.1% forecast. The level to beat for bears are seen at 107.20, 107.50 and at the 107.82 support. USD/JPY daily chart USD/JPY is challenging the June lows while trading in a bear trend below its main daily simple moving averages (DSMAs). USD/JPY 4-hour chart USD/JPY is trading below its main SMAs, suggesting a bearish bias in… 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.
