JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
• GBP/AUD initially gained but on Monday but gave up ground on cautious market mood .
• There is no UK data today, but Tuesday will be busy with employment and PMI’s.
• A daily close above 23.6%fib will further improve the technical outlook, and open the possibility of a rally towards 1.9400 level.
• Technical signals are bullish as RSI is at 54, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.9332 (23.6%fib), any close above will push the pair towards 1.9412 (Aug 4th High).
• Strong support is seen at 1.9221(9DMA) and break below could take the pair towards 1.9176(38.2%fib).
Recommendation: Good to buy around 1.9270 with stop loss of 1.9200 and target price of 1.9340
