Economic Calendar
This week's notable events are over.
Hourly Chart
A move below 143.50 could look for support in the 143.00 level and the weekly R2 simple pivot point at 142.74. Further below, note the 142.50 level and the combination of the 100-hour SMA and the 142.00 level.
Meanwhile, a resumption of the US Dollar's surge against the Yen would test resistance at 144.50, the weekly R3 at 144.68 and the 145.00 mark.
USD/JPY daily chart's review
On the daily candle chart, the pair clearly trades above the July high level zone. If the surge extends, the rate could eventually aim for the 1998 high level at 147.60Daily chart
On Thursday, on the Swiss Foreign Exchange, traders were 62% short as that amount of open position volume was in short positions.
Meanwhile, trader set up pending orders in the 100-pip range around the rate were 61% to buy the USD against the JPY.
On Wednesday, traders were 73% short and orders were 50% to buy and sell. It appears that some shorts were closed, as the pair bounced off the 145.00 mark.