• USD/JPY retreated on Tuesday as greenback weakened on concerns of a weaker economy and uncertainty over the Federal Reserve's next policy move.
• Fed Governor Michelle Bowman warned that key inflation measures are still uncomfortably above the Fed's 2% target, suggesting caution as the Fed moves forward with interest rate cuts.
• For the week, weekly jobless claims and personal consumption expenditure data will remain in focus.
• Technical signals are bearish as RSI is heading down at 46, daily momentum studies 5, 9 and 1 DMAs are trending down.
• Immediate resistance is located at 144.54 (Daily high), any close above will push the pair towards 145.65 (38.2%fib).
• Support is seen at 142.01 (23.6%fib) and break below could take the pair towards 140.30(Lower BB).
Recommendation: Good to sell around 143.70, with stop loss of 144.60 and target price of 143.00


FxWirePro: GBP/USD regains upwards momentum but unable to hold above 1.3700 level
EURJPY Breaks Above 184 – Euro Bulls Charge Toward 187
FxWirePro- Major Pair levels and bias summary
AUDJPY Smashes 30-Month Peak — Buy the Dip, 112 in Sight
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar
FxWirePro- Major European Indices
FxWirePro: GBP/AUD dips ahead of pivotal RBA call
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD jumps after RBA rate hike
FxWirePro: NZD/USD consolidating around 0.6030 , bias is bullish
FxWirePro: GBP/AUD extends losses after RBA rate hike
FxWirePro: NZD/USD slips as New Zealand’s unemployment rises in Q4
FxWirePro- Woodies Pivot(Major)
EUR/JPY Powers Higher for 2nd Day — Bulls Charge Toward 187+ Breakout
USD/CHF Pauses After 200-Pip Rally — Buy Dips Near 0.775, Target 0.790
FxWirePro: GBP/NZD remains weak, eyes 2.2550 level 



