USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro- Major Crypto levels and bias summary 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
Chart pattern- Bearish Divergence (CCI(50) 8-hour chart)
The GBP/JPY hits a fresh multi-year high on board-based Yen weakness. It hit an intraday high of 199.83 and is currently trading around 1999.54. Intraday trend is bearish as long as the resistance at 200 holds.
The GBP/JPY pair is trading above 55 and 200 EMA (Short-term) and 365 EMA (long-term) on the 8-hour chart, confirming a bullish trend. Any violation below 199.35 indicates the intraday trend is weak. A dip to 198.78/198.40/197.70/196.70/196.25/195.25/194/193.70 is possible. Immediate resistance is at 200, a breach above this level targets 202/204.
Market Indicators (8-hour chart)
CCI (50)- Bullish
Directional movement index - Buy
Trading Strategy: Sell
It is good to sell on rallies around 199.58-60 with SL around 200.50 for a TP of 198/197.40.
