• USD/JPY steadies on Monday as renewed tensions in the Middle East continued to drive demand for greenback.
• The U.S. and Iran traded renewed accusations over the weekend but later agreed to suspend retaliatory attacks and meet in Qatar on Tuesday, keeping investors cautious about the ceasefire's stability.
• Oil prices climbed on Monday after fresh strikes disrupted energy shipments through the Strait of Hormuz, boosting safe-haven demand for the U.S. dollar.
• Attention is turning to this week's U.S. nonfarm payrolls and unemployment data, with investors looking for fresh clues on labour market conditions and the Fed's next policy move.
• Immediate resistance is located at 161.82(38.2%fib), any close above will push the pair towards 162.00(Psychological level).
• Support is seen at 161.16 (Daily low) and break below could take the pair towards 160.24(SMA 20).
Recommendation: Good to buy around 161.50, with stop loss of 168.40 and target price of 162.50


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NZDJPY's Downward Spiral: Will 92 Resistance Seal the Bearish Fate?
FxWirePro: NZD/USD holds narrow range, scope for downward resumption
FxWirePro: USD/ZAR retreats slightly but trend is still bullish
FxWirePro: USD/CAD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD up trend gains momentum but hurdles ahead
EURUSD Bullish Momentum: Trading Above 800, 365 EMAs with Positive CCI on 5-Min Chart
FxWirePro: USD/JPY dips as Japanese Yen consolidates near 40-year low
FxWirePro: EUR/ NZD gaining momentum for a move towards 2.0350 level
FxWirePro- Major Crypto levels and bias summary
ETH Bounces as Shorts Cover, Yet ETF Bleed Warns $1,850 Resistance Won’t Break
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: USD/ZAR slips as dollar weakens after PCE inflation data
FxWirePro: NZD/USD extends losing run, eyes 0.5600 level 



