• USD/JPY gained some ground on Wednesday as modest dollar uptick provided support to the currency pair.
• The U.S. dollar edged higher amid hopes for a diplomatic resolution to the Middle East conflict reduced safe-haven demand and improved overall risk sentiment..
• The U.S. and Iran are said to be preparing for another round of talks ahead of the ceasefire deadline, even as tensions in the Strait of Hormuz keep energy markets on edge.
• The yen continues to be sensitive to rising oil prices, as Japan depends heavily on imported energy, particularly from the Middle East.
• Immediate resistance is located at 159.25(SMA 20), any close above will push the pair towards 160.42(23.6%fib).
• Support is seen at 158.17 (38.2%fib) and break below could take the pair towards 157.78(Lower BB ).
Recommendation: Good to buy around 158.90, with stop loss of 158.20 and target price of 159.60


NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD hits three-month peak,scope for futher upside
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot (Major)
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro- Major Crypto levels and bias summary
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity 



