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GBP/USD Falls Amid Strong U.S. Data and Fed Rate ExpectationsDetach

USD/JPY Bears Take Control Amid Major Technical Breakdown

USD/JPY – Bears Take Control Amid Major Technical Breakdown

Fundamental Backdrop and Market Sentiment

The significant disappointment in July’s NFP has heightened expectations for a Fed rate cut…

Technical Indicators and Price Action Analysis

Breakdown below the 200-DMA at 149.58 and support at 148.80 triggered stops…

Critical Support and Resistance Levels

Support: 147.59 then 147.03, with risk of further declines to 146.00…

Conclusion and Trading Strategy

USD/JPY’s sharp bearish reversal signals a decisive shift. Short-term rallies toward resistance zones could present tactical short opportunities…