Just caught up on the latest currency action, and there's definitely some interesting moves happening across the majors. Since the webinar last week, we've seen the Dollar face some real pressure—it's been sliding down to that 's3' support zone we were tracking. For those following along, that level used to be resistance back during February's ascending triangle setup, which eventually led to that March breakout when Iran tensions were running high.

What's been particularly notable is how EUR/USD and GBP/USD have both rallied hard. The Pound especially has shown some impressive strength lately. Obviously there's still a lot of uncertainty around the ceasefire situation and how that'll play out, but the Dollar's direction has been pretty clear regardless.

On the JPY news front, this is where things get interesting for traders watching the yen pairs. USD/JPY, EUR/JPY, and GBP/JPY have all been moving in response to these Dollar dynamics. The Japanese Yen's been benefiting from the broader Dollar weakness, which typically happens when risk sentiment shifts. If you're tracking JPY news and cross-currency movements, these pairs are definitely worth monitoring closely right now.

The setup we're looking at suggests continued Dollar weakness could push these yen pairs lower, especially if the current momentum holds. Worth keeping an eye on how support and resistance levels play out over the coming sessions.