US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch 
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: GBP/AUD bears maintain upper hand 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: USD/CNY dips to hit three year low,scope for further downside 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD drifts lower after BOE rate decision 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
USD/JPY chart - Trading View
USD/JPY trades in narrow range as markets await Powell's testimony and FOMC minutes.
The major extended marginal gains and paused shy of 109 handle amid improved risk tones and a broadly firmer US dollar.
Markets are now pricing less easing for the July meeting after strong growth in Nonfarm Payrolls in June.
Focus now on Powell's semi-annual testimony and the FOMC minutes that follow for further impetus.
Trade war tensions between the US and China, alongside Japan and Korea will keep market cautious and upside limited.
Near-term technical bias remains bullish. RSI above 50 and momentum with the bulls. A bullish divergence on RSI and Stochs adds to the upside bias.
The major finds stiff resistance at 108.99 (nearly converged 50-DMA and 55-EMA). Break above to see further upside.
Next major resistance lies at 110-EMA at 109.71 ahead of 61.8% Fib at 110.13.
Call update: Our previous call (https://www.econotimes.com/FxWirePro-USD-JPY-consolidates-above-21-EMA-uptick-in-UST-yields-supports-dollar-1557750) has almost hit TP2.
Recommendation: Watch out for break above 109 for further upside.
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
