USD/JPY recovered strongly after Thursday’s dip, with 156 as near-term support and 158–160 as the key resistance zone for the next upside move.

The euro remains under pressure against the US dollar, with the 1.15–1.16 area acting as key support and a break below it potentially opening a deeper move toward 1.11.

The British pound slid against the US dollar on Thursday, with 1.3250 acting as crucial support and a breakdown there potentially opening the door to 1.30.

Bitcoin eased slightly on Thursday but still looks constructive, with a rounding-bottom setup forming below the 50-day EMA and major support holding in the $60,000–$64,000 zone.

The escalation of the war in the Middle East is rapidly becoming a global economic problem. Surging Oil prices are reviving inflation fears at a time when central banks believed the worst of the price shock was behind them.

Gold is staging a decent comeback above $5,100 early Friday, awaiting the all-important US Nonfarm Payrolls (NFP) data for the next big directional move.