FTSE 100 and USDJPY present key trading opportunities amid volatility

Technical analysis highlights two significant trading setups developing in major markets. USDJPY continues to attract attention as the pair navigates critical technical levels amid ongoing Bank of Japan policy speculation and US dollar dynamics. The yen crosses, particularly EURJPY, are showing increased volatility as traders position ahead of potential Japanese intervention risks. Meanwhile, the FTSE 100 index presents compelling opportunities as UK equities react to global market conditions and domestic economic factors. The correlation between GBPUSD movements and UK equity performance remains a key consideration for traders. Technical indicators suggest both markets are approaching decision points that could trigger significant directional moves. Risk management remains crucial as volatility measures increase across both forex and equity markets. Traders should monitor key support and resistance levels while remaining alert to fundamental catalysts that could accelerate price movements.