China's Refining Industry Faces Major Shakeup Amid Challenges 
JPY Major Currency Score: All Pairs Trading Flat with Neutral Bias 
FxWirePro: GBP/USD eases ahead of U.S.-Iran talks and Trump-Burnham meeting 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
US Gas Market Poised for Supercycle: Bernstein Analysts 
Energy Sector Outlook 2025: AI's Role and Market Dynamics 
FxWirePro-24-Hour Crypto Category-Based Performance Dashboard 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
FxWirePro- Major Crypto levels and bias summary 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
FxWirePro: EUR/AUD recovers some ground, but outlook remains bearish 
EURUSD Weakens as Dollar Strength Dominates; Technicals Suggest Sell-on-Rally Opportunity 
FxWirePro- Woodies Pivot (Major) 
Stock Futures Dip as Investors Await Key Payrolls Data 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
FxWirePro: USD/CNY gains some ground as China's yuan eases amid softer guidance rate 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Add as a preferred source on Google
USD/JPY chart - Trading View
USD/JPY was trading largely unchanged at 107.56 at around 08:55 GMT, with session high and low at 107.93 and 107.25 respectively.
The major was seen extending consolidation below 200-DMA, near-term bias has turned bearish.
Data released on Tuesday showed U.S. consumer confidence fell less than expected in March even as the country grappled with the coronavirus pandemic.
The Conference Board consumer confidence index decreased to 120.0 in March from an upwardly revised 132.6 in February, bettering estimates at 110.0.
U.S. stock futures declined as investors assessed worsening American coronavirus figures at the beginning of the new quarter.
Technical indicators are turning bearish. Stochs and RSI are now biased lower. MACD shows bearish crossover on signal line.
Next immediate support lies at 106.44 (Kijun sen and 50% Fib). Further bearish momentum could see test of 61.8% Fib at 105.20.
5-DMA is immediate resistance at 108.03. Bearish invalidation only above 200-DMA (108.30).
Support levels - 107, 106.44 (Kijun sen and 50% Fib), 106, 105.20 (61.8% Fib)
Resistance levels - 108.03 (5-DMA), 108.30 (200-DMA)
Data Watch:
US ADP Employment Change (Mar) - 12:15 GMT - Forecast: -154K, Prior: 183K
US Markit manufacturing PMI (Mar) - 13:45 GMT - Forecast: 49.2, Prior: 49.2
US ISM Manufacturing Employment Index (Mar) - 14:00 GMT - Forecast: 45.4, Prior: 46.9
US ISM Manufacturing PMI (Mar) - 14:00 GMT - Forecast: 45, Prior: 50.1
Guidance: Good to stay short on upticks around 107.70/108, SL: 108.50, TP: 107/ 106.45
