Ichimoku Analysis (1-hour chart)
Tenken-Sen- 108.61
Kijun-Sen- 108.61
USDJPY is trading in a tight range after hitting a low of 108.42. The pair doesn't show any movement even after Fed monetary policy. Markets eagerly await for US-China phase one deal for further direction. The overall trend is still on the downside as long as resistance 110 holds.
Technically, near term support is around 108.30, any violation below will drag the pair down till 107.80. Any break beneath 107.80 targets 106.50.
On the higher side, major intraday resistance is at 108.80 (200-H MA), the breach above will take the pair to the next level 109/109.25/109.75/110.
It is good to sell on rallies around 109-109.10 with SL around 109.75 for the TP of 106.60.


FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro: NZD/USD gains slightly but bearish outlook remains
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
FxWirePro: GBP/USD falls to two-week low on strong US jobs data
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro USD/JPY consolidates above 160.00 level despite fresh currency intervention threats
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 



