- A Bullish Cypher pattern completed on EUR/JPY daily charts. We see weakness only below 122 levels.
- The pair has also taken strong trendline support at 122.72 on Thursday's trade.
- Scope for upside test of 125.38 (50% Fib retrace of 128.221 to 122.539 fall) and further bullishness could see 126 levels (61.8% Fib retrace of 128.221 to 122.539 fall).
- Stochs on daily charts are at oversold levels and downside momentum on MACD is fading.
Recommendation: Good to go long at dips around 123 levels, SL: 122, TP: 124/124.70/125.30


FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Woodies pivot (Major)
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: EUR/AUD bears maintain upper hand
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 



