Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking 
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias 
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet 
FxWirePro- Major European Indices 
FxWirePro -Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/NZD topside capped, sellers still hold the advantage 
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: USD/JPY edges up, remains on front foot 
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows 
• The USD/JPY edged higher but gains were limited as traders digested minutes from the Bank of Japan’s December meeting.
• Minutes from the Bank of Japan’s December meeting showed policymakers flagged rising inflation pressures driven by a weak yen and labour shortages as key factors influencing the timing of further interest rate hikes.
• The board signaled it is ready to keep raising rates despite already lifting the policy rate to a 30-year high of 0.75% in December.
• The minutes showed the nine-member board agreed that future rate hikes would depend on economic conditions and whether inflation forecasts are realized.
•A weak yen has raised concerns for policymakers, as it increases living costs for households ,a key issue ahead of Japan’s general election on February 8.
• Immediate resistance is located at 153.13(50%fib), any close above will push the pair towards 154.00(Psychological level).
• Support is seen at 151.55(Lower BB) and break below could take the pair towards 150.48(61.8%fib)
Recommendation: Good to sell around 153.00, with stop loss of 154.50 and target price of 152.50
