• USD/JPY edged higher on Wednesday as traders awaited news on the U.S.–Israeli war with Iran, while mixed messages kept markets cautious.
• Markets expect Trump to end the Iran conflict soon, but his threats over blocked Strait of Hormuz energy flows keep sentiment mixed.
• The fast-evolving developments in the Middle East have left traders grappling with how to best price the risk, and for now they appear to be on the sidelines.
• On the data front, investors will focus on U.S. February inflation data Wednesday, with core prices expected up 0.2% and headline prices up 0.3%.
• Immediate resistance is located at 158.91(March 9th high), any close above will push the pair towards 159.90(23.6%fib).
• Support is seen at 157.13 (38.2%fib) and break below could take the pair towards 155.96(SMA 20 ).
Recommendation: Good to buy around 158.00, with stop loss of 157.30 and target price of 158.80


Sterling’s Ascent: GBP/JPY Breaks 212 as Yen Weakness Intensifies
Aussie Dollar Surge: Navigating the AUD/JPY Bullish Momentum
FxWirePro:USD/CNY remains weak, eyes 6.850 level
FxWirePro: USD/CNY bears maintain upper hand
Ethereum’s Recovery Phase: ETH Reclaims USD 2,050 Amid Technical Tug-of-War
FxWirePro: GBP/AUD attracts selling interest, could be on verge of a bigger drop
EUR/JPY Bulls Charge On: Buy the Dips Toward 186 Glory
FxWirePro- Major Pair levels and bias summary
FxWirePro:GBP/USD gains some ground as Mideast tensions, oil supply fears ebb
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/ NZD remains weak, eyes 1.9500 level
FxWirePro: AUD/USD drifts lower as recovery rally loses momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
Bitcoin Reclaims $70,000: Trump’s De-escalation Rhetoric Sparks Crypto Rally
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR reverses course ,bias back to downside 



