FxWirePro- Major European Indices 
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FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 
FxWirePro- Woodies Pivot(Major) 
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip 
FxWirePro: USD/JPY gains some ground but bearish outlook persists 
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout 
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD downtrend slows, but bearish sentiment remains 
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce 
FxWirePro: NZD/USD pulls back from 6-month high 
FxWirePro- Major Pair levels and bias summary 
USD/JPY dropped towards 122.45 levels after the release of retail sales data from US market. However the pair rebounded after finding support around 122.42 levels and is consolidating around 122.50 to reach higher levels. Support level around 122.44 is set to hold the bears from falling further below and push the pair towards higher levels in the short term, as the US dollar is stronger across the board against Japanese yen.
- Strong support can be seen at 122.44, a break below this level will expose the pair towards next support level located at 122.99 (61.8% Retracement Level).
- Major resistance can be seen at 123.28, a break above this level will open the gates towards 123.60 levels.
Recommendation: Buy around 122.45, targets 123.50, 124.00, SL 122.50.
Resistance Levels
R1: 122.88 (Daily high)
R2: 123.28 (38.2% Retracement Level)
R3:123.64 (Nov 11th high)
Support Levels
S1: 122.44 (Daily lows)
S2: 122.99 (61.8% Retracement Level)
S3:121.52 (Nov 5th lows)
