- Fed hike prospects keep USD supported and weigh on the Japanese yen.
- Yen markets also appear to have ignored upbeat Japanese CPI figures.
- EUR/JPY extends upside after breach of 20-DMA resistance on Thursday's trade.
- Upside intact as long as 20-DMA support holds, scope for test of trendline resistance at 115.65.
- Major support levels - 114.62 (100-DMA) 114.41 (20-DMA), 114.23 (50-DMA), 114 (5-DMA), 113.70 (Oct 27 low))
- Major resistance levels - 115, 115.65 (trendline), 116, 116.14 (110-EMA)
- Focus on Eurozone Business Climate and German inflation data due ahead in the EU session.
Recommendation: Good to go long on dips around 114.65/70, SL: 114, TP: 115/ 115.65/ 116


NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD moves lower on weak UK data 



