- USD/JPY is currently trading around 111.96 levels.
- It made intraday high at 112.20 and low at 111.83 marks.
- Japan will release flash manufacturing PMI data at 0200 GMT. Market anticipates 50.6 m/m release vs 50.1 m/m previous data.
- Pair likely to trade in between 114.00 and 111.31 marks. A sustained break of either side provides further direction to the parity.
- On the top side major resistance falls at 114.87 and pair is likely to consolidate below that level.
- A daily close above 114.87 will take the parity towards 115.96 marks.
- On the other side, initial support level is seen at 111.31 levels. A daily close below key support level will drag the parity towards 110.66/108.75/107.51 marks thereafter.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.


Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro -Major European Indices
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Woodies Pivot(Major) 



