Major resistance- 109.05
USDJPY has formed almost a double top around 109.06 and shown a minor dip. Markets will be quiet for the day until the US Fed monetary policy. The US Fed is expected to cut rates by 25 bps and already priced in. Any hawkish cut will take the pair further higher. It is currently trading around 108.83.
US 10-year yield is holding above 1.81% level, major bullishness can be seen only above 1.91%. Technically, near term resistance is at 109.05 and any violation above will take the pair to next level till 110/110.48.
The near-term support is around 108.60 (200-H MA) and any violation below will drag the pair down till 108.24/108.
It is good to buy on dips around 108.65-70 with SL around 108.24 for the TP of 110.


FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD recovers but bears are not done yet again
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: EUR/AUD eases slightly but trend is still bullish
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 



