• USD/JPY regained some ground after an early drop, supported by short-covering as traders unwound some bearish bets.
• Despite the short-covering bounce, the broader market sentiment remains bearish.
• Safe-haven assets remained in demand, though market movements were less pronounced compared to the previous day.
• At GMT 08:23,the dollar was up 0.07% at 147.37 against Japanese Yen .
• Immediate resistance is located at 148.21(Daily high), any close above will push the pair towards 148.22 (38.2%fib).
• Support is seen at 146.21(23.6%fib) and break below could take the pair towards 145.47(Lower BB ).
Recommendation: Good to sell around 147.50, with stop loss of 148.30 and target price of 146.50


JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: AUD/USD bulls struggles as upside momentum fades
FxWirePro- Major Pair levels and bias summary
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary 



