• USD/JPY dipped on Friday as softer dollar offset downbeat Japanese GDP data.
• The U.S. dollar extended declined on Friday after weak economic data reinforced expectations of further policy easing by the Federal Reserve.
• Japan's economy contracted for the first time in a year and at a sharper pace than expected in the March quarter, data showed on Friday.
• Japan’s economy contracted 0.7% on an annualized basis in the first quarter, much worse than the 0.2% decline projected by analysts.
• Market attention now turned to upcoming Tokyo-Washington talks, as Japan’s Finance Minister Katsunobu Kato expressed plans to discuss FX matters with U.S. Treasury Secretary Scott Bessent.
• Immediate resistance is located at 146.87 (May 15th high), any close above will push the pair towards 148.78(50%fib).
• Support is seen at 144.84(38.2%fib) and break below could take the pair towards 144.08(21SMA).
Recommendation: Good to sell around 145.60 with stop loss of 146.60 and target price of 144.00


FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: EUR/NZD steadies ahead of ECB meeting
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 



