• USD/JPY rose on Monday as greenback strengthened ahead of the Nov. 5 presidential election.
• The dollar has risen for three consecutive weeks as a series of positive economic data prompted investors to lower their expectations regarding the size and speed of Fed rate cuts.
• A close below support at 23.6%fib will give further momentum to bears, opening the way for a run towards 151.50 level.
• Technical signals are bullish as RSI is heading down at 65, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 151.01 (23.6%fib), any close above will push the pair towards 151.85 (Higher BB).
• Support is seen at 149.30 (38.2%fib) and break below could take the pair towards 149.00 (Psychological lvel)
Recommendation: Good to by around 150.00, with stop loss of 142.50 00and target price of 151.50


NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro- Major Pair levels and bias summary
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
FxWirePro- Woodies Pivot(Major)
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
FxWirePro: USD/CNY falls to three-year high, scope for further downside 



