USD/JPY holds flat, but bulls remain on watch

USD/JPY fails to close above 149.00 ahead of key jobs figures. Bulls could make another attempt if the 147.85 floor holds firm.
XM Group | 62 hari yang lalu

USD/JPY closed flat again around the 148.35 level on Wednesday, staying trapped within the monthly sideways pattern after weaker-than-expected JOLTS job openings prevented a breakout above the 149.00 area.

Given the credibility concerns surrounding Friday’s nonfarm payrolls report, volatility could resurface when the private ADP employment report is released later today at 12:15 GMT, with forecasts pointing to a slowdown to 73k from 104k previously.

The short-term bias remains tilted to the upside, as the technical indicators continue to fluctuate within bullish territory, with the MACD preparing to cross above its red signal line for the first time since June.

Still, the floor around the 200-day exponential moving average (EMA) at 147.85 must hold firm for the bulls to successfully pierce the 149.10 resistance and drive the pair toward the next barrier at 151.00–151.75. The 61.8% Fibonacci retracement level of the January–April downtrend overlaps with this area. A successful breakout there could open the door for further gains toward 154.60.

On the downside, sellers may re-emerge below the 146.65 support area, where a break could initially bring stabilization near the tentative ascending trendline at 145.35, followed by the 23.6% Fibonacci retracement level at 144.35.

Overall, Wednesday’s pullback in USD/JPY has not eliminated short-term upside potential, as bulls continue to defend the 147.85 area, while bears may only gain traction if the price drops below 146.65.

XM Group
Jenis: Market Maker
Peraturan: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa)
read more
Forex goes to safe havens

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.
FxPro | 9j 39min yang lalu
Forex goes to safe havens

Forex goes to safe havens

• The shutdown may end soon. • Increased volatility supports the dollar. • The Bank of Japan recalls deflation. • The pound is frightened by tax increases.
FxPro | 9j 39min yang lalu
ATFX Market Outlook 5th November 2025

ATFX Market Outlook 5th November 2025

U.S. Senate failed to pass a temporary funding bill once again on Tuesday, setting the stage for a government shutdown that will soon surpass the 35-day record from late 2018 to early 2019. Wall Street closed sharply lower as major banks warned of potential corrections, reflecting growing concerns over stretched valuations.
ATFX | 11j 36min yang lalu
The euro holds on by a thread

The euro holds on by a thread

• The US is poised for a record shutdown. • Weak PMI data halted the dollar. • Rumours of intervention strengthened the yen. • Slowing inflation weakened the franc.
FxPro | 1 hari yang lalu
ATFX Market Outlook 4th November 2025

ATFX Market Outlook 4th November 2025

Gold prices steadied, hovering around the key $ 4,000-per-ounce mark amid a lack of clear direction. Traders are awaiting U.S. private-sector employment data later this week for further cues. Oil prices steadied as markets balanced OPEC+’s latest production increases against reports that the group may pause additional output hikes in the first quarter of 2026.
ATFX | 1 hari yang lalu
USDPJY, AUDUSD, GBPUSD

USDPJY, AUDUSD, GBPUSD

Fed speakers and ADP data in focus; USDJPY near 8-month high; RBA to hold rates at 3.60%; AUDUSD under pressure; BoE likely to stand pat; GBPUSD weak, eyes 6½ -month low
XM Group | 2 hari yang lalu
ATFX Market Outlook 3rd November 2025

ATFX Market Outlook 3rd November 2025

U.S. equities ended higher on Friday, led by Amazon’s upbeat earnings forecast, though investor optimism was tempered by renewed caution from several Federal Reserve officials. For the week, the S&P 500 rose 0.7%, the Nasdaq gained 2.24%, and the Dow added 0.75%. Several Fed hawks voiced opposition to further rate cuts, citing persistent inflation risks, which boosted the U.S. Dollar Index
ATFX | 2 hari yang lalu
Cautious Sentiment Lifts Gold, Oil Gains on OPEC+ Pause | 3rd November 2025

Cautious Sentiment Lifts Gold, Oil Gains on OPEC+ Pause | 3rd November 2025

Markets opened cautiously as investors sought safety in metals and watched OPEC+ signals. Gold held near $4,000 and silver at $49 amid safe-haven demand, while oil rebounded above $61 after OPEC+ paused planned output hikes. The Yen stayed weak on BoJ uncertainty, and the Yuan steadied on a firm PBoC fix. Traders eye key US data and Fed remarks this week.
Moneta Markets | 2 hari yang lalu