• USD/JPY recovered from seven month low on Thursday as traders took some heart from trade talks between the U.S. and Japan.
• Trump claimed that there had been "big progress" in these discussions, which may indicate a more favorable outcome for U.S. interests in future trade agreements with Japan. However, details on specific tariff concessions were not immediately shared.
• Japanese Economy Minister, Akira Amari, stated that Japan and the U.S. agreed to hold another round of talks this week. The upcoming second meeting indicates that both parties are keen on resolving key issues, including trade and tariff-related matters
• Despite the uptick in USD/JPY, the upside potential for the U.S. dollar remains somewhat constrained.
• Risk aversion is prevalent in global markets, with investors looking to safe-haven assets amid the ongoing uncertainty regarding trade policies and tariff discussions.
• Immediate resistance is located at 143.75 (38.2%fib), any close above will push the pair towards 144.71(April 11th high).
• Support is seen at 141.51(23.6%fib) and break below could take the pair towards 140.32(Lower BB).
Recommendation: Good to sell around 143.00, with stop loss of 144.00 and target price of 140.50


FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major European Indices
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD moves lower on weak UK data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



