• USD/JPY fell on Tuesday as trade war concerns, global recession fears, and contrasting BoJ-Fed policies boosted demand for the yen.
• On Monday, China accused Washington of abusing tariffs and warned countries against making deals with the U.S. at its expense, escalating the trade war.
• The Bank of Japan is expected to signal next week that the risks posed by higher U.S. tariffs are unlikely to disrupt the ongoing cycle of rising wages and inflation—key factors supporting further interest rate hikes.
• At its two-day policy meeting ending May 1, the BOJ is expected to lower its economic growth forecasts and highlight escalating risks from Trump's tariffs, which are set to impact global demand.
• Immediate resistance is located at 141.28 (Daily high), any close above will push the pair towards 142.40(50%fib).
• Support is seen at 139.70(38.2%fib) and break below could take the pair towards 139.00(Psychological level).
Recommendation: Good to sell around 140.00, with stop loss of 141.00 and target price of 139.20


EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro- Major Crypto levels and bias summary
BoE Pause Pulls Back Sterling: GBP/JPY Dips to 207.92 Despite Hawkish Undercurrents
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD edges higher but maintains bearish bias
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD neutral in the near term, scope for further upside
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro- Woodies Pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD falls after BoE rate hold 



