FxAnalysis

The US dollar continues to climb against the yen, with carry trade momentum and resilient US data pushing USD/JPY closer to the key 158 resistance level.

The British pound remains resilient against the yen, supported by interest rate divergence and carry trade momentum, with 215 as a long-term upside target.

Bitcoin continues to build a potential bottoming pattern, with buyers defending key support and eyeing a breakout above $96,000 to confirm trend reversal.

The Australian dollar remains near multi-month highs despite Thursday’s dip, supported by China’s recovery and expected RBA tightening as markets eye NFP.

Gold prices bounced off key $4400 support on Thursday, with buyers stepping in ahead of the NFP report, reinforcing the bullish longer-term trend.

The USD/CAD pair attracts buyers for the sixth straight day on Friday and climbs back closer to its highest level since December 5 during the first half of the European session.