• USD/JPY edged higher on Monday as yen dipped as Sanae Takaichi looked likely to take the premiership with backing from key political figures.
• The safe-haven currency weakened further as risk appetite improved following a partial easing of trade tensions between Beijing and Washington.
• Takaichi’s bid to become Japan’s first female prime minister was threatened after the sudden split with the LDP’s 26-year coalition partner.
•Meanwhile, Bank of Japan board member Hajime Takata said on Monday that the economy is withstanding the impact of U.S. tariffs and has likely already reached the 2% inflation target, reaffirming his call for resuming interest rate hikes.
• Takata, who opposed keeping BOJ rates at 0.5% in September, may push for another hike at the October 29-30 meeting.
• Immediate resistance is located at 152.00(Psychological level), any close above will push the pair towards 153.29(23.6%fib).
• Support is seen at 150.40 (38.2%fib) and break below could take the pair towards 149.91 (SMA 20)
Recommendation: Good to buy around 150.50, with stop loss of 149.50 and target price of 151.40


FxWirePro: NZD/USD slips as New Zealand’s unemployment rises in Q4
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar
FxWirePro: USD/ZAR dips below lower range, bearish bias increases
FxWirePro: NZD/USD consolidating around 0.6030 , bias is bullish
FxWirePro: GBP/USD attracts selling interest, vulnerable to more downside
NZDJPY Breaks 94: Bulls Charge as Kiwi Roars Back
FxWirePro: AUD/USD jumps after RBA rate hike
EUR/GBP Slumps Under Pressure: Bearish Momentum Builds as 0.8675 Resistance Holds Firm
FxWirePro: GBP/NZD remains weak, eyes 2.2550 level
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY builds momentum , eyes 157.00 level in the short term
AUDJPY Powers Above 109 – Yen Weakness Fuels Aussie Bulls
GBPJPY Bulls Dominate: Holds Above 213 with Eyes on 215 Breakout
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 



