FxWirePro: USDJPY faces strong support at 200-day MA, break below targets 107.80
Ichimoku Analysis (Daily Chart)
Tenken-Sen- 109.73
Kijun-Sen- 108.97
As per our analysis, USDJPY continues to trade lower for 4th consecutive and shown a gap down as the coronavirus crisis accelerates. The number of cases infected has increased to 2744 and death toll to 80. The decrease in riskier assets has increased demand for Safe-haven assets like yen, gold, etc. The pair hits a low of 108.72 and is currently trading around 109.02.
Technically, near term support stands at 108.55 (200-day MA) and any violation below will drag the pair down till 108.30/107.80.On the higher side, immediate resistance is at 109.75, any violation above targets 110.40 (trend line resistance )/ 110.70 (61.8% fib)/111/111.70. The minor resistance is at 110.
It is good to sell on rallies around 109.25-40 with SL around 109.75 for the TP of 108.30/107.80.


FxWirePro: GBP/AUD bears maintain upper hand
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



