Ichimoku Analysis (4-hour chart)
Tenken-Sen- 108.69
Kijun-Sen- 109.07
USDJPY was trading highly volatile yesterday and shown a recovery of more than 40 pips on renewed US-China trade optimism. But previously the US has imposed tariffs on Steel and Aluminium products imported from Argentina and Brazil. Overall geopolitical tensions are supporting Safe-haven assets like yen, gold. It hits a high of 108.93 and is currently trading around 108.83.
Technically, near term support is around 108.50 and any violation below will drag the pair down till 108/107.80. Major bearish continuation only below 107.80
On the higher side, major intraday resistance is at 109.25, the violation above will take the pair to the next level 109.75/110.
It is good to buy on dips around 108.55-60 with SL around 108.20 for the TP of 109.65.


FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/USD rises as soft US data pressures dollar
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD drifts lower after BOE rate decision
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 



