• USD/JPY traded in a narrow and nervous range on Friday as attention remains firmly on the risk of Japanese FX intervention.
• Reports suggest that PM Takaichi has effectively approved intervention if conditions warrant, reinforcing market sensitivity around the 160.00 level.
• Speculation is also building around the Bank of Japan’s policy path, with a June rate hike still in play and uncertainty over whether a July move could be pre-emptively signalled.
• Price action has been tightly contained, with USD/JPY trading around 159.98–160.01, just below recent highs near 160.09. The 160.00 handle remains a key battleground
• Immediate resistance is located at 160.11 (June 4th high), any close above will push the pair towards 160.74 (23.6%fib).
• Support is seen at 159.11 (38.2%fib) and break below could take the pair towards 159.00(SMA 20).
Recommendation: Good to sell around 159.90, with stop loss of 160.40 and target price of 159.20


Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro:EUR/NZD bears maintain upper hand
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance 



