Dollar fell to 6-week low vs safe-haven yen, as the Japanese currency continues to enjoy the safe-haven status against its American counterpart.
- China concerns, Shanghai Composite plunge behind market turmoil, set to continue weighing on USD
- USD/JPY likely lower, currently trading at 121.09, with next resistance seen at 121.57 (76.2% of 120.41-125.28), above which it could extend gains to 121.93 (Day's High)
- Bias remains lower, immediate support might be located at 120.71 (Day's Low) below which 120.44 (July 9 Low) offer strong support
- Data calendar for the day remains absolutely empty, offering little for further momentum in the pair
Recommendation: Good to sell rallies around 121.30/40, SL: 121.90, TP: 120.70


Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro: GBP/AUD edges higher but bulls lack punch
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: NZD/USD drifts lower as markets await US inflation data
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: AUD/USD range bound ahead of RBA policy decision
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 



