FxWirePro- Major Crypto levels and bias summary 
FxWirePro : USD/JPY holds near 160 as yen remains under pressure 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD gives up gains as traders await UK GDP 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
FxWirePro: NZD/USD drifts lower as markets await US inflation data 
JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish 
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data 
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish 
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data 
FxWirePro- Woodies pivot (Major) 
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report 
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely 
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch 
Add as a preferred source on Google
USD/JPY dropped towards 120.37 levels during early American hours due to trading volumes in the US market remaining low due to holiday season. Currently the pair is approaching 120.00 psychological levels. Nevertheless, decline should be limited as there is scope for rebound as the pair is trading in oversold condition and dollar is set to strengthen against Japanese yen sooner or later once the major markets open in full swing.
- Immediate support can be seen at 120.23, a break below this level will expose the pair towards next support level located at 120.00.
- Major resistance can be seen at 120.63, a break above this level will open the gates towards 121 levels.
Recommendation: Go long around 119.80, targets 120.50, 121.00, SL 119.50.
Resistance Levels
R1: 120.42 (38.2% Retracement Level)
R2: 120.63 (Daily high)
R3: 120.85 (23.6% Retracement Level)
Support Levels
S1: 120.23 (Dec 24th lows)
S2: 120.00 (Psychological levels)
S3:119.73 (61.8% Retracement Level)
