• USD/JPY declined on Friday as the U.S. dollar lost strength ahead of President Donald Trump's anticipated announcement on reciprocal tariffs next week.
• Traders have experienced periods of optimism, hoping that the trade tariffs may not be as harsh as anticipated. However, concerns persist that they could harm economic growth and spark inflation once again.
• On the data front, Tokyo's core CPI, excluding fresh food, rose 2.4% in March year-on-year, surpassing the market forecast of a 2.2% increase.
• The case for a Bank of Japan rate hike is strengthening due to stronger Tokyo inflation and a hawkish tone in the bank's March meeting summary.
• Immediate resistance is located at 151.23(Daily high), any close above will push the pair towards 151.53 (50%fib).
• Support is seen at 149.98(38.2%fib) and break below could take the pair towards 149.09(Lower BB ).
Recommendation: Good to sell around 150.20, with stop loss of 150.80 and target price of 149.50


FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/AUD edges higher but maintains bearish bias
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
JPY Major Currency Score
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD neutral in the near term, scope for further upside
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 



