• USD/JPY edged lower on Wednesday as safe haven yen firm ahead reciprocal U.S. tariffs
• U.S. President Donald Trump is expected to announce a broad set of trade levies on the country's trading partners at 2000 GMT, with immediate implementation anticipated..
• Trade-dependent developing economies with a large trade deficit with the U.S., including China, Mexico, Vietnam, Taiwan, South Korea, Thailand, India, and South Africa, are likely to be affected.
• Trump's actions are likely to intensify the global trade war, potentially slowing down global economic growth.
• Immediate resistance is located at 150.34 (50%fib), any close above will push the pair towards 151.00(Psychological level).
• Support is seen at 149.12 (38.2%fib) and break below could take the pair towards 147.64(23.6%fib).
Recommendation: Good to sell around 149.60, with stop loss of 150.50 and target price of 148.60


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger 



