Ichimoku Analysis (1-hour chart)
Tenken-Sen- 108.61
Kijun-Sen- 108.61
USDJPY is trading in a tight range after hitting a low of 108.42. The pair doesn't show any movement even after Fed monetary policy. Markets eagerly await for US-China phase one deal for further direction. The overall trend is still on the downside as long as resistance 110 holds.
Technically, near term support is around 108.30, any violation below will drag the pair down till 107.80. Any break beneath 107.80 targets 106.50.
On the higher side, major intraday resistance is at 108.80 (200-H MA), the breach above will take the pair to the next level 109/109.25/109.75/110.
It is good to sell on rallies around 109-109.10 with SL around 109.75 for the TP of 106.60.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Major Pair levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: AUD/USD gains some ground but outlook is bearish 



