GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
FxWirePro: USD/CNY edges lower , bearish outlook persists 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: EUR/AUD bears maintain upper hand 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
• EUR/AUD dipped on Monday as improved risk sentiment boosted Australian dollar.
• Sentiment improved overnight after Axios reported that Iran had presented a new proposal to the U.S. via Pakistani mediators to reopen the Strait of Hormuz and end the war, while deferring nuclear talks to a later stage.
• Markets will pay close attention to policy meetings at the European Central Bank and the Bank of England this week for any signs they could hike rates to curb price pressures.
• German consumer sentiment was at a three-year low, weighed by higher energy prices and rising inflation, a survey showed.
• Immediate resistance is located at 1.6384(38.2%fib), any close above will push the pair towards 1.6503 (SMA 20)
• Support is seen at 1.6246(Lower BB) and break below could take the pair towards 1.6121(23.6%fib)..
Recommendation: Good to sell around 1.6320, with stop loss of 1.6400 and target price of 1.6250
