• USD/JPY advanced on Thursday as Japan’s election uncertainty and U.S. trade tensions weighed on yen.
• Investors remain focused on tariffs ahead of an August 1 deadline when many trading partners face higher trade levies
• Japan failed to clinch a deal with the U.S. before the July 9 expiration of the temporary pause on the country-specific tariffs.
• Amid heightened trade tensions, Japan’s top trade negotiator spoke with U.S. Commerce Secretary Howard Lutnick on tariffs, as export data showed a second consecutive monthly decline amid growing trade pressure.
• Meanwhile, Recent opinion polls suggest that Prime Minister Shigeru Ishiba’s ruling coalition is at risk of losing its majority in the upper house of parliament, raising concerns over potential political instability.
• Immediate resistance is located at 149.38(38.2%fib), any close above will push the pair towards 150.00(Psychological level).
• Support is seen at 147.61(50%fib) and break below could take the pair towards 145.72 (61.8%fib).
Recommendation: Good to buy around 148.50, with stop loss of 147.70 and target price of 149.50


FxWirePro- Major Pair levels and bias summary
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Major Crypto levels and bias summary
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD remains bullish as rally continues
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro-Major European Indices
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 



