• USD/JPY dipped on Monday as yen firmed as investors awaited signals from the central bank on the timing of its next interest rate increase.
• BOJ widely expected to hold rates at 0.75% after its two-day meeting Tuesday.Focus shifts to quarterly outlook and Governor Kazuo Ueda’s guidance on how the ongoing Middle East conflict may shape future policy.
• Focus on how strongly Governor Kazuo Ueda signals a potential rate hike at the June meeting.
• Japanese Prime Minister Sanae Takaichi said on Monday she did not see an immediate need to compile a supplementary budget to cushion the economic blow from the Middle East conflict..
• Immediate resistance is located at 160.02 (Higher BB), any close above will push the pair towards 160.30(23.6%fib).
• Support is seen at 159.23(SMA 20) and break below could take the pair towards 158.80 (38.2%fib).
Recommendation: Good to sell around 153.00, with stop loss of 153.60 and target price of 158.60


FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level
FxWirePro: USD/ZAR changes short term trend from neutral to bearish
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6700
FxWirePro: EUR/AUD up trend gains momentum but hurdles ahead
FxWirePro: NZD/USD holds narrow range, scope for downward resumption
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD loses momentum but bullish setup remains
Bitcoin Pulls Back Amidst Geopolitical Tensions and ETF Outflows, Technicals Signal Caution
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD snaps eight-day losing streak
FxWirePro: AUD/USD holds narrow range, focus on near-term support
EURJPY Consolidates Above Key EMAs: Mixed Indicators Suggest Cautious Optimism for Traders
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside
FxWirePro- Woodies pivot (Major) 



