Chart - Courtesy Trading View
Technical Analysis:
GMMA Indicator
- Daily chart: Major trend is neutral, minor trend has turned bearish
- Hourly chart: Major trend is neutral, minor trend has turned bullish
Ichimoku Analysis
- Price closed inside the daily cloud on the daily charts
- Recovery attempts are struggling at 5-DMA and cloud top
Oscillators
- Stochs and RSI are biased lower, RSI is well below 50 mark
- Momentum is strongly bearish
Bollinger Bands
- Bollinger bands are spread wide apart, gap is increasing
- Volatility is high and rising
Major Support Level: 113.05 (55-EMA)
Major Resistance Level: 113.81 (21-EMA)
Summary: USD/JPY trades with a bearish bias. Price action is extending choppy trade around 55-EMA. Bearish invalidation only above 21-EMA.


Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
FxWirePro- Major Pair levels and bias summary
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
FxWirePro- Major European Indices
FxWirePro: GBP/NZD edges higher but outlook is bearish 



