- EUR/JPY has been trading a falling channel since Aug, trend in the pair is definitely lower.
- For a short term trading perspective however, the pair could see some upside on close above 5-DMA.
- We notice the pair has bounced-off strong trendline support on Jan 7th trade supported with high volumes (buyers emerging at lows).
- Upside in the pair has been capped by 5-DMA at 128.07, breaks above could see gains upto 129.08, daily Stochs are on the verge of a bullish crossover from oversold levels.
- Immediate support is seen at 127.45 (Jan 12 lows), while resistance is located at 128.46 (Jan 11 highs)
Recommendation: Go long on close above 5-DMA at 128.07, SL: 127.45, TP: 129.0


NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: EUR/AUD bears maintain upper hand
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD risks tilt further to the downside
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: GBP/USD gives up gains as traders await UK GDP
FxWirePro: NZD/USD drifts lower as markets await US inflation data
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: GBP/AUD edges lower, remains on bearish path 



