- USD/JPY upside breaks major resistances - 50-DMA at 106.14, channel top resistance at 106.35.
- The pair hit new multi-week highs at 107.49, upside has taken a breather, currently trading around 107.13 levels.
- Technicals support further upside, bearish invalidation only below 5-DMA at 106.20, pair could then test next support at 104.89 (10-DMA).
- Recent strong US data has resulted in the rise in the Fed rate hike expectations in 2016, supporting upside in the pair.
- Our previous call (http://www.econotimes.com/FxWirePro-USD-JPY-hovers-around-106-handle-finds-stiff-resistance-at-10630-238124) is progressing. TP1&2 achieved.
Recommendation: Raise trailing stops to 106.20, hold for targets. Fresh long also advised on dips around 107, SL: 106.40, TP: 107.50/ 108/ 108.30


Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major Pair levels and bias summary
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary 



