FxWirePro- Major European Indices 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
AUDJPY Holds Steady on New Year's Eve Lull: Bullish Bias Intact Above 103.80 – Buy Dips Targeting 107 
NZDJPY Outlook: Sell the Rallies as Downtrend Persists Below 91.50 
FxWirePro: GBP/USD drifts lower as greenback firms 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
GBP/JPY Bounces Off 210 Support: Bullish Bias Intact – Buy Dips Targeting 212 
FxWirePro: USD/ZAR remains weak, eyes 23.6%fib support 
Ethereum Coils in Tight Range: Bullish Signals Emerge – Buy Dips Targeting $3600 
AUD/JPY Holds Steady with Bullish Undertones: Buy the Dips Targeting 107 
FxWirePro: EUR/NZD steadies above 2.0400, retains bid tone 
FxWirePro:AUD/USD attracts selling interest, could be on verge of a bigger drop 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR remains weak, eyes 23.6%fib support 
NZDJPY Breaks Lower: Bearish Bias Strengthens as Trendline Support Crumbles 
USD/JPY opened around 123.30 and inched higher in the earlier session recovering upto 123.52 levels. Currently the price action is struggling around 123.50 levels, nevertheless short pullback towards 122.80 levels should be viewed as buying opportunities as the support level at 122.64 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. Therefore, long orders are recommended around 122.80 levels.
- Strong support can be seen at 122.64, 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 123.60, a break above this level will open the gates towards 124.00 levels.
Recommendation: We prefer long above 122.80, targets 123.50, 124.00, SL 122.50.
Resistance Levels
R1: 123.60 (Daily high)
R2: 124.04 (23.6% Retracement Level)
R3:124.54 (Aug 17th high)
Support Levels
S1: 123.24 (38.2 % Retracement Level)
S2: 122.64 (50 % Retracement Level)
S3:122.99 (61.8% Retracement Level)
