China's Refining Industry Faces Major Shakeup Amid Challenges 
FxWirePro: USD/JPY dips below lower range, bearish bias increases 
FxWirePro- Major European Indices 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm 
China’s Growth Faces Structural Challenges Amid Doubts Over Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms 
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
EUR/JPY chart - Trading View
EUR/JPY was trading 0.41% lower on the day at 120.46 at around 10:15 GMT, bias turning bullish.
The pair is seen consolidating breakout above 200-DMA in the previous session.
Price action has broken above 200H MA and scope for further upside as technical indicators are turning bullish.
Stochs and RSI on the weekly charts are biased higher.
The pair currently finds stiff resistance at 50W SMA at 120.58. Break above to confirm further gains.
Major trend in the pair is neutral, minor trend is bullish. Breakout above 50W SMA will see gains till 121.40 (Feb high).
200-DMA is immediate support at 120.02. Retrace below will negate any upside bias.
