FxWirePro- Major European Indices 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD firms as Australian household spending records sharp jump 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ CNY gains some upside momentum but still bearish 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: NZD/USD sustains gains as uptrend remains strong 
FxWirePro- Major US Indices 
CAD/JPY trades above 111 on yen weakness. It hit a high of 111.45 yesterday and is currently trading around 111.22.
Technical Analysis
CAD/JPY is currently trading above the 34- and 55-EMA on the 4-hour chart. The immediate resistance is at 111.50; a breach above that level could shift targets to 111.80/112.10/113/114/114.69. On the lower side, near-term support is at 110.68, and a break below this support could lead to declines toward 110/109.50/108.
Indicator Trends
CCI (50)- Bullish
ADX (14)- Bullish
Trading Strategy Recommendation
It is good to buy on dips around 110.78-80 with a stop-loss at 110 for a target price of 114/114.69.
