Asian markets is trading extremely weak as US markets hits 14-month low on global growth worries. US markets has closed extremely lower with Dow Jones at 23953 (2% lower) and S&P500 2545 (2.08% lower).The National Association of Home Builders Housing Market Index indicates that US home builder sentiment has fallen to a three -and a half year low. The US 10 year yield is trading lower and lost more than 2.5% after a minor jump til 2.92% and US 2 year yield (2.70%) is trading above US 5 year (2.68%). Shanghai is trading down following foot-steps of US markets is currently trading around 2583 (0.55% lower).Nikkei futures recovered more than 1.5% as US futures pared some of its loss and is currently trading around 21258 (0%).
USDJPY is has broken support at 113.20 and declined till 112.64 level. It is currently trading around 112.65.The near term major support is around 112.20 and any break below targets 111.37.
On the lower side, near term support is around 20800and any break below targets 20500/20280.
The near term resistance is at 21340 and any break above targets 21670/21800/22000.
It is good to sell on rallies around 21750-800 with SL around 22000 for the TP of 21170/21000.


Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target
FxWirePro: AUD/ USD strongly bearish despite upside attempts
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Pair levels and bias summary
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Major Crypto levels and bias summary
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Woodies pivot (Major)
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Woodies pivot (Major) 



