USD/JPY (a 4-hour chart)
The Bonds Market sent "bullish signals": the US and Japanese securities yield differential expanded again which became a bullish factor for the US currency. The oil market growth can become the driver for the dollar to grow.
The price is finding the first support at 110.60, the next one is at 109.60. The price is finding the first resistance at 111.40, the next one is at 112.20.
There is a confirmed and a strong buy signal. The price is above the Ichimoku Cloud and it is above the Chinkou Span. The Tenkan-sen shows a horizontal movement and the Kijun-sen shows an upward movement. The upward movement will be until the price is above the Cloud.
The MACD indicator is in a positive territory. The price is growing.
We expect the 112.20 line break that will open the way for the buyers to 113.00.