- USD/JPY unable to hold above 118 handle in Tuesday's trade, currently falls below 5-DMA at 117.40.
- Yen in demand again as risk-off seeps back, on renewed sell-off in oil prices combined with global growth outlook cut by IMF.
- Resistance for the pair is located at 117.41 (5-DMA), while immediate support is seen at 117.08 (session lows) and further below at 116.60 (trendline).
- The main focus ahead for today will stay with US CPI's, markets will also track sentiment across global equities.
Recommendation: Go short USD/JPY rallies around 117.20, SL: 117.70, TP: 116.60/50


FxWirePro: NZD/USD drifts lower as markets await US inflation data
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: USD/CAD hits two-month low as oil prices rise
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: GBP/AUD edges lower, remains on bearish path
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro- Major Crypto levels and bias summary 



