• USD/JPY dipped on Thursday as hawkish expectations for the BoJ’s policy stance boosted Japanese yen.
• Bank of Japan Deputy Governor Shinichi Uchida indicated that rate hikes could follow market expectations, maintaining the possibility of a near-term increase in borrowing costs.
• Japanese Prime Minister Shigeru Ishiba stated on Thursday that the high tariffs imposed by U.S. President Donald Trump's administration would hinder investments in the United States.
• Ishiba emphasized the need to highlight how Japanese investments not only benefit Japan but also support U.S. job creation and economic growth, a point he reiterated during last month’s summit with Trump.
• At GMT 12.54,the dollar was down 0.77% at 149.16 against Japanese yen .
• Immediate resistance is located at 148.55 (50%fib), any close above will push the pair towards 149.54(61.8%fib).
• Support is seen at 147.52(23.6%fib) and break below could take the pair towards 146.49(Lower BB ).
Recommendation: Good to sell around 147.80, with stop loss of 148.60 and target price of 147.00


FxWirePro: USD/ CNY outlook weaker on renewed downside pressure
EUR/USD Powers Higher on Dismal US Retail Sales Miss: Bullish Breakout Brewing Toward 1.2000?
FxWirePro: NZD/USD firms, setting up for next leg higher
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD bulls struggles as upside momentum fades
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support
EURGBP Breaks Above 0.8700 on Euro Surge: Bullish Momentum Builds Toward 0.8800+?
NZD/JPY Slips as Yen Strength Returns: Bears Eye Deeper Drop Toward 90.00
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major) 



