EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
- EUR/USD is trading slightly below 1.2400 after a minor recovery till 1.24200. The pair minor weakness was due to decline in German bund yields which trades below 0.5%. The increase safe haven has prevented investors to go for high yielding currencies such as euro, The pair has formed minor top around 1.24763 and minor bullishness only above that level. The pair hits low of 1.23723 yesterday and is trading around 1.23913.
- The pair is expected to show a minor reaction after releases of US final GDP today at 12:30 GMT.
- The pair is facing minor near term support is around 1.2370 (yesterday’s low) and any break below will drag the pair down till 1.2330 -1.2340 (200- H MA and 20-day MA).Any violation below 1.2330 will take the pair till 1.2300/1.2280.
- On the higher side, near term resistance is around 1.2475 and any violation above will take the pair to next level till 1.2510/1.2550.
It is good to sell on rallies around 1.2435 with SL around 1.2475 for the TP of 1.2360/1.2330.
