• USD/JPY dipped on Friday as growing concerns that Japanese authorities may intervene to stabilize the currency provided some support to yen.
• Leading Japanese financial officials recently expressed concerns about the yen's fluctuations, signaling that the government is ready to intervene if speculative trading becomes excessive.
• Japan last intervened in the currency markets in July, conducting a yen-buying operation to support the currency after it dropped to a 38-year low below 161 yen per dollar.
• At GMT 06.54,the dollar was down 0.22% at 157.18 against Japanese yen .
• Immediate resistance is located at 157.48 (Dec 31st high), any close above will push the pair towards 158.06 (23.6%fib).
• Support is seen at 156.38 (38.2%fib) and break below could take the pair towards 156.00(Psychological level ).
Recommendation: Good to sell around 157.20, with stop loss of 158.50 and target price of 156.00


Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro- Major European Indices
FxWirePro: GBP/NZD edges up, remains on front foot
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 



