• USD/JPY steadied around 148:00 level on Monday as investors re-evaluated the pace of Bank of Japan's rate hikes.
• Easing global trade tensions after Sunday’s U.S.-EU agreement provide some relief for BOJ policymakers, improving the outlook for Japan’s export-driven economy.
• Markets anticipate the Bank of Japan will hold short-term rates steady at 0.5% after its two-day meeting wraps up Thursday.
• Markets are closely watching the BOJ’s quarterly outlook report and Governor Kazuo Ueda’s post-meeting press conference for signals on when the next rate hike might occur..
• At GMT 07:03, the US dollar was down 0.24% to 148.00 against the Japanese yen.
• Immediate resistance is located at 149.22(23.6%fib), any close above will push the pair towards 149.91(Higher BB).
• Support is seen at 146.78(SMA 20) and break below could take the pair towards 145.14(38.2%fib).
Recommendation: Good to buy around 147.80, with stop loss of 147.20 and target price of 149.00


FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major European Indices
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro- Woodies Pivot(Major)
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 



