• USD/JPY gained modestly on Monday as the latest salvo of threats in the U.S. tariff wars kept investors on edge
• On Saturday, Trump announced plans to impose a 30% tariff on most imports from the European Union and Mexico starting August 1, despite both parties being engaged in prolonged trade negotiations.
• Investor focus remains squarely on the U.S. tariff narrative, particularly President Trump's weekend declaration of a 30% tariff on most imports from the EU and Mexico starting August 1.
• The announcement, coupled with elevated U.S. Treasury yields, has helped keep the dollar supported. However, the U.S.-Japan rate differential ,a key driver for USD/JPY has softened somewhat, limiting bullish momentum.
• Immediate resistance is located at 147.77(Higher BB), any close above will push the pair towards 148.55(61.8%fib).
• Support is seen at 146.24(50%fib) and break below could take the pair towards 145.39 (SMA 20).
Recommendation: Good to buy around 147.40, with stop loss of 146.70 and target price of 148.30


FxWirePro: USD/ZAR sees bounce after yesterday's fall
FxWirePro: USD/CNY dips as dollar weakens on US-Iran escalation
FxWirePro: EUR/ AUD gains slightly but remains on bearish path
NZDJPY Faces Selling Pressure: Will 95.20 Resistance Hold?
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs
FxWirePro- Woodies Pivot (Major)
AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness
FxWirePro: USD/CAD downside pressure builds, key support level in focus
Gold Tumbles Below $4400 Amidst Hawkish Fed Signals: Sell Rallies for Targets Near $4200
FxWirePro: USD/CNY hovers near 3 -1/2 year low , outlook bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair Currency Score (AUDUSD Bullish)
FxWirePro: GBP/USD cedes early gains ,outlook bearish
AUDJPY Pares Gains: Bullish Trend Intact Above 114 Despite Profit-Taking
JPY Major Currency Scores: USDJPY and GBPJPY Lead Bullish Trend
FxWirePro- Major Crypto levels and bias summary 



