Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
FxWirePro- Major Crypto levels and bias summary 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally 
Stock Futures Dip as Investors Await Key Payrolls Data 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
EUR/JPY chart on Trading View used for analysis
- The single currency remians under pressure heading into today's ECB October monetary policy meeting due at 1145 GMT.
- EUR/JPY hit session lows at 127.50 before paring some losses to currently trade at 127.83.
- Analysts expect the ECB to leave policy on hold, and to provide no new information regarding the conclusion of QE later this year.
- Focus will be on the tone of the press conference, as Draghi is likely to acknowledge that downside risks have somewhat intensified.
- EUR/JPY trades with a bearish bias, technicals support downside. Scope for test of 78.6% Fib at 126.44.
Call update: Our previous call (https://www.econotimes.com/FxWirePro-Euro-weakens-across-the-board-after-dismal-PMI-data-stay-short-EUR-JPY-target-618-Fib-1447982) has hit TP1.
Recommendation: Book partial profits at lows. Holds for further downside.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
