Ichimoku analysis (Monthly chart)
Tenken-Sen- 108.42
Kijun-Sen- 109.59
USDJPY continues to trade higher for 3rd consecutive month and jumped more than 350 pips on US-China trade optimism. The treasury yields rose more than 35% from low of 1.428% and rising yield will be supportive of this pair. It hits the high of 109.60 and is currently trading around 109.14.
Technically, the pair major resistance is around 109.60-109.75 (Kijun-Sen and trend line resistance). Any break above that level confirms bullish continuation and a jump till 110.60/111 likely.
The minor weakness can be seen below 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 with SL around 108.45 for the TP of 110/110.60.


FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Crypto 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
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/USD rises as soft US data pressures dollar
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



