• USD/JPY edged higher on Thursday yen gave back some of the previous day's gains anxiously assessed whether a fragile two-week ceasefire between the United States and Iran would hold.
• Analysts say the uneasy truce has increased Iran’s influence over shipping through the strategically crucial strait, following President Donald Trump’s decision to step back from threats against Iran’s civilian infrastructure.
• The five-week war has shaken investor confidence, triggering the largest disruption to global oil and gas supplies on record.
• Bank of Japan Governor Kazuo Ueda is expected to appear in the parliament from 0415 GMT on Thursday.
• On the data front, the U.S. is set to release February personal spending and the PCE deflator on Thursday.
• Immediate resistance is located at 158.88(38.2%fib), any close above will push the pair towards 159.26(SMA 20).
• Support is seen at 158.08 (Lower BB) and break below could take the pair towards 157.63(38.2%fib ).
Recommendation: Good to buy around 158.70, with stop loss of 158.30 and target price of 159.50


FxWirePro: USD/CAD loses momentum but bullish setup remains
FxWirePro: EUR/AUD up trend gains momentum but hurdles ahead
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen
FxWirePro: GBP/USD recovers some ground but bearish outlook persist
FxWirePro: NZD/USD snaps eight-day losing streak
FxWirePro: GBP/AUD gaining momentum for a move towards 1.9300 level
GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum
FxWirePro: USD/CAD steadies around 1.4200 level , retains bid tone
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD holds narrow range, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: AUD/USD slips to hit three-month low,scope for further downside 



