• USD/JPY strengthened on Monday as yen weakened as speculation grew that the Bank of Japan may delay raising its policy rate until the New Year.
• Skeptics of a December rate hike see BOJ Deputy Governor Ryozo Himino's speech next month as a signal that the BOJ will hold off on tightening and prepare markets for a possible hike in January.
• On the data front, Gross domestic product (GDP) rose an annualised 1.2% in the three months to September, the Cabinet Office's revised data showed on Monday.
• Immediate resistance is located at 151.71 (23%fib), any close above will push the pair towards 153.19 (Nov 27th high).
• Support is seen at 149.54 (38.2%fib) and break below could take the pair towards 147.81(50%fib).
Recommendation: Good to buy around 151.00, with stop loss of 150.50 and target price of 151.80


AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 



