FxWirePro- Major Crypto levels and bias summary 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: GBP/NZD remains bullish as rally continues 
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro- Woodies Pivot(Major) 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
Spot Analysis:
EUR/JPY was trading 0.26% lower on the day at 139.95 at around 06:20 GMT
Previous Week's High/ Low: 142.93/ 139.98
Previous Session's High/ Low: 141.89/ 139.98
Fundamental Overview:
Hawkish concerns surrounding the Bank of Japan (BOJ) keep the yen buoyed, weighing on the pair.
BOJ is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, reports from Nikkei Asia showed on Friday.
Strong BOJ inflation forecast, along with the latest tweak in the Yield Curve Control (YCC) policy, and the central bank’s multiple market interventions in the last few days keep bearish bias intact.
Technical Analysis:
- EUR/JPY has closed below 200-DMA
- GMMA indicator shows major and minor trend are bearish
- Momentum is bearish and volatility is high
- Recovery attempts remains caped at 21-EMA
Major Support and Resistance Levels:
Support - 139.23 (38.2% Fib), Resistance - 140.43 (200-DMA)
Summary: EUR/JPY is poised for further downside. Dip till 139.23 likely, more weakness n break below. Bearish invalidation likely on retrace above 200-DMA.
