Simple Moving Averages

USDJPY is holding near the ¥157.50 to ¥157.80 area after a sharp retreat from the ¥163.00 zone, with oversold technical signals supporting a tentative bounce. Traders are watching whether softer US jobs data and inflation signals can keep pressure on the pair, while fresh intervention remains a key risk.

Gold is stabilizing above the key $4,000 area as traders await the US Non-Farm Payrolls release for signals on the Federal Reserve’s policy path. Technical indicators still urge caution, with downward-sloping moving averages and resistance levels limiting confidence in a sustained rebound.