• USD/JPY traded in tight range on Thursday as fears mount over Trump's reciprocal tariff plans.
• On Wednesday, U.S. President Donald Trump announced a 25% tariff on imported cars and light trucks, set to take effect next week, escalating the global trade war.
• Investors worried that Trump’s reciprocal tariffs, set for April 2, could drive inflation, slow growth, and escalate trade tensions.
• Investors await Friday’s U.S. PCE data for insights into the interest rate outlook,which could shed more light on the U.S. interest rate path.
• At GMT 09.01,the dollar was down 0.05% at 150.63 against Japanese yen .
• Immediate resistance is located at 150.75 (50%fib), any close above will push the pair towards 151.65(Higher BB).
• Support is seen at 149.75(March 26th low) and break below could take the pair towards 149.15(38.2%fib).
Recommendation: Be on side lines


AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: GBP/AUD falls after BoE rate hold
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
FxWirePro- Major Crypto levels and bias summary 



