Ichimoku Analysis (Weekly chart)
Tenken-Sen- 108.07
Kijun-Sen- 107.05
USDJPY continues to trade higher after more than 100 pips jump in the previous week. It hits a low of 108.63 and is currently trading around 109.64. The overall trend is still bullish as long as support 107.80 holds. The US-China trade optimism as supporting riskier assets like stocks and treasury. It hits high of 109.72 at the time of writing and is currently trading around 109.619.
Technically, the pair major resistance is around 109.83 (200-W MA). Any break above that level confirms bullish continuation and a jump till 110.60/111 likely.
On the flip side, near term support is around 108.80 and any violation beneath will drag the pair down till 107.80/108. Major bearish continuation only if it violates 107.80.
It is good to buy on dips around 109.25-30 with SL around 108.75 for the TP of 110.60.


FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Woodies pivot (Major) 



