• USD/JPY steadied around 162.70 as strong buying interest kept the pair well supported.
• Market participants appear to be placing less weight on repeated warnings from Japanese authorities about potential currency intervention.
• The absence of any immediate action from Japan's Ministry of Finance (MOF) has encouraged traders to push the pair closer to the psychologically important 163.00 level, with intervention threats increasingly failing to deter bullish momentum.
• Japanese authorities may wait until after the release of key U.S. employment data before deciding whether to step into the market, allowing them to assess the impact of the figures on U.S. interest rate expectations.
• Immediate resistance is located at 162.90 (23.6%fib), any close above will push the pair towards 163.16(Higher BB).
• Support is seen at 161.79(June 30th low) and break below could take the pair towards 161.10(SMA20).
Recommendation: Good to buy around 162.60, with stop loss of 162.00 and target price of 163.20


FxWirePro: GBP/USD recovers some ground but bearish outlook persist
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY advances as intervention fears fail to lift Yen
FxWirePro: EUR/AUD bullish outlook with scope to target 1.6700
FxWirePro: USD/ CNY falls towards 6.785, bears keep the advantage
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/CAD uptrend loses steam but outlook still bullish
AUDJPY: Range-Bound Action Amidst Mixed Technical Signals
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD steadies around 1.4200 level , retains bid tone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: GBP/NZD remains bullish as rally continues
EURJPY: Navigating Mixed Signals with a Bullish Lean
NZDJPY: Yen Weakness Fuels Rise, Key Resistance at 92.40 Holds Key
FxWirePro: GBP/AUD uptrend loses steam, remains on bullish path
FxWirePro: NZD/USD snaps eight-day losing streak 



