1. USD/JPY Analysis:

News Summary:

As U.S. Treasury Secretary Scott Bessent seeks to push yields lower by expanding buybacks of longer-dated U.S. Treasuries, Japan’s bond market could become the trigger for the next wave of pressure across global bond markets. Japan is scheduled to issue 10-year and 30-year government bonds next week. The market is paying particular attention to demand for super-long-term bonds, as Japanese long-term government bond yields have continued to rise recently, with the 30-year yield hovering near its highest level since 1999.

Trend Analysis:

We can see USD/JPY rebounded in choppy trading on the H4 chart and remains above the 48 hours moving average. In addition, the MACD double line and histogram bars are expanding around the zero axis.

Today's Key Price Levels:

Key Support Levels: [158.30]

Key Resistance Levels: [160.40]
Pivot Points [158.70]

2. Gold Analysis:

News Summary:

U.S. fiscal pressures and the renewed rise in long-term Treasury yields have brought gold’s safe-haven and store-of-value attributes back into focus. Total U.S. government debt has surpassed $40 trillion, with concerns over fiscal sustainability prompting some investors to shift funds into gold. Meanwhile, markets have scaled back expectations for a near-term Federal Reserve rate hike, putting further pressure on the U.S. dollar. Gold has climbed to its highest level since mid-May, with $4,700 emerging as a key short-term psychological level.

Trend Analysis:

On the H4 chart, we can see gold encountered resistance and pulled back, while remaining above the 48 hours moving average. In addition, the MACD double line and energy bars are expanding above the zero axis.

Today's Key Price Levels:

Key Support Levels: [4570]

Key Resistance Levels: [4720]

Pivot Points [4680]