USD/JPY is prolonging the multi-session side-line theme for yet another day on Thursday as the continuation of the consolidative stance between 106.00 and 110.00 is seen unchanged for the time being, FXStreet’s Pablo Piovano reports. Key quotes “The 200-day SMA, today at 108.36, remains the near-term target. Further up is located the 110.00 neighbourhood. If cleared, this should open the door to a potential test of 2020 highs in the 112.00 region.” “On the downside, if 106.00 is breached on a sustainable fashion, then there are no relevant supports until the February-March sell-off to the vicinity of 101.00.” 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 ECB’s Villeroy: Ready to be innovative with tools if required FX Street 3 years USD/JPY is prolonging the multi-session side-line theme for yet another day on Thursday as the continuation of the consolidative stance between 106.00 and 110.00 is seen unchanged for the time being, FXStreet’s Pablo Piovano reports. Key quotes “The 200-day SMA, today at 108.36, remains the near-term target. Further up is located the 110.00 neighbourhood. If cleared, this should open the door to a potential test of 2020 highs in the 112.00 region.” “On the downside, if 106.00 is breached on a sustainable fashion, then there are no relevant supports until the February-March sell-off to the vicinity of 101.00.” 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.
