FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/JPY upside capped as intervention risk limit upside 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD edges higher but outlook is bearish 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
Chart - Courtesy Trading View
Spot Analysis:
USD/JPY was trading 0.14% lower on the day at 115.36 at around 05:05 GMT
Previous Week's High/ Low: 116.33/ 114.91
Previous Session's High/ Low: 115.74/ 115.01
Fundamental Overview:
Geopolitical risk will be the clear driver of sentiment for markets this week. The United States warned on Monday that Russia could soon invade Ukraine.
Sentiment sour as investors contemplated the implications of a potential imminent Russian invasion of Ukraine.
The Federal Open Market Committee (FOMC) minutes of the meeting held earlier this month will be released on Thursday, with a detailed record over inflation concerns.
The minutes will provide insights regarding the FOMC's stance on monetary policy and will be carefully watched for clues regarding future interest rate decisions.
Technical Analysis:
- USD/JPY fails to extend previous session's gains
- Upside remains capped at 5-DMA
- Price action has formed a Doji on the weekly candle till date
- Major trend remains bullish according to the GMMA indicator
- Strong support seen at 21-EMA, major weakness only on break below
Major Support and Resistance Levels:
Support - 115.07 (21-EMA), Resistance - 115.54 (5-DMA)
Summary: USD/JPY likely to extend sideways at 21-EMA support, major weakness only on break below. Scope for upside resumption. Focus on FOMC minutes for cues.
