- Our USD/JPY call (http://www.econotimes.com/FxWirePro-USD-JPY-upside-capped-by-200-DMA-at-12147-good-to-sell-rallies-153594) has achieved targets.
- Dovish comments from the BOJ Governor Kuroda saw a minor recovery in USD/JPY, but persisting risk-aversion is likely to keep the safe-haven bids for the yen intact.
- US ADP jobs report will remain in focus; besides the oil price action will continue to provide further direction to the pair.
- Technicals indicated further downside, RSI and Stochs point south, but MACD see scope for upside.
- Next focus below 119.20 will be 119.00, we could see buying interest here, the point where demand originated post-BOJ negative rate decision.
Recommendation: Book partial profits, lower trailing stops to 120.70, TP: 119.20/119


FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary 



