Fade the Rally: EUR/JPY Short Opportunity Near 180.80 
FxWirePro: EUR/AUD retreat from early gains, eyes another drop 
GBP/JPY Pullback Deepens: Sell-on-Rallies Strategy Targets 207.00 Support 
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally 
AUDJPY Tumbles Below 111 on Widespread Australian Dollar Weakness; Key Resistance at 112 Holds Firm 
FxWirePro- Woodies Pivot(Majors) 
Major Pair Currency Score: USDCAD and USDCHF Lead Bullish Momentum, While NZDUSD and AUDUSD Face Extreme Bearish Pressure 
FxWirePro: USD/ZAR cedes early gains ,outlook bearish 
FxWirePro: GBP/NZD sustains gains as uptrend remains strong 
FxWirePro: AUD/USD pressured by rising treasury yields, risk-off mood 
ETHUSD Surges Past $2700 on Strong Institutional Demand, Technicals Show Bullish Crossover Despite Cooling ETF Inflow Momentum 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD firms slightly, but outlook remains bearish 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Plunges Below 90 Amidst Broad New Zealand Dollar Weakness; Resistance at 90.80 Key for Downside Continuation 
FxWirePro- Major Crypto levels and bias summary 
Add as a preferred source on Google
USD/JPY bounce overnight from trendline support failed near 118 handle and the major dropped to new session lows towards the mid-point of 117 handle.
- Yen back in demand amid falling Japanese stocks, Asian stocks have been volatile triggering risk-off trades.
- Strong support for the pair lies at 116.65 (trendline) and further below at 116 levels, while on the upside resistance is seen at 118.02 (Jan 11 & session highs) ahead of 118.75 (Jan 7 highs).
- Price action is well below the cloud and moving averages biased lower. RSI and Stochs on dailies are deeply in oversold territories.
- The data calendar is rather empty today, nothing of note for the JPY in terms of macro news except for the BOJ Governor Kuroda's speech.
Recommendation: We will wait for further technical confirmation to initiate any trade
