• USD/JPY declined sharply on Thursday as escalating middle east geopolitical tensions and weaker dollar supported the safe-haven Japanese yen.
• The U.S. flagged slow progress in nuclear talks with Iran, as Israel threatened action if talks collapse. Trump urged restraint from Netanyahu to prevent further escalation.
• Escalating tensions with Iran supported demand for safe-haven assets after President Trump announced on Wednesday that U.S. personnel were being withdrawn from the Middle East due to increased security concerns.
• Meanwhile, greenback dipped after U.S. consumer prices increased less than expected in May, driven by cheaper gasoline, though inflation could accelerate due to import tariffs.
• Immediate resistance is located at 144.95 (Daily high), any close above will push the pair towards 145.48(61.8%fib).
• Support is seen at 141.80(50%fib) and break below could take the pair towards 141.93(38.2%fib).
Recommendation: Good to sell around 144.00, with stop loss of 144.70 and target price of 143.20


FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
JPY Major Currency Score
FxWirePro: AUD/USD firms after RBA governor Bullock comments
FxWirePro- Woodies Pivot (Major)
FxWirePro: NZD/USD edges lower, remains on back foot
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation 



