Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro- Major European Indices 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
US Gas Market Poised for Supercycle: Bernstein Analysts 
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 
FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major US Indices 
USD/JPY chart - Trading View
USD/JPY was trading 0.63% higher on the day at 108.43 at around 04:10 GMT.
The pair is holding onto recovery amid resurgent US dollar demand. Monday's Doji candlestick formation also aids gains on the day.
The Greenback ended broadly higher on Monday on short-covering as global central banks and governments launched monetary and fiscal measures to battle the economic fallout.
The risk-on action in the Asian equities combined with surprising positive Chinese PMI data also support gains.
Data released earlier today showed China’s manufacturing PMI stands at 52.0 vs 35.7 previous release (expected 44.9). While non - manufacturing PMI stands at 52.3 vs 29.6 previous release (expected 42.1).
Technical studies are indecisive. Major and minor trend are neutral. Failure to close above 200-DMA will see downside resumption.
Decisive breakout at 200-DMA could see near-term upside. Next major hurdle aligns at daily cloud at 109.93.
Support levels - 107.69 (38.2% Fib), 107.12 (Mar 30 low)
Resistance levels - 108.31 (200-DMA), 108.62 (21-EMA)
