FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/ NZD loses momentum but outlook is bullish 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
FxWirePro: EUR/AUD retreats slightly but trend is still bullish 
Yen Resurgence Drives GBPJPY to 2.5-Week Low: Sellers Aim for 208.00 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: AUD/USD gains some ground but remains sensitive to Middle East tensions 
Bitcoin Recovers Amid Easing Geopolitics: Bulls Target USD 80,000 Support Rebound 
FxWirePro: GBP/USD recovers but bears are not done yet again 
NZDJPY Technical Outlook: Bearish Bias Deepens as Key Resistances Hold 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
Ethereum Rises on Geopolitical De-escalation: Pezeshkian’s Peace Signal Ignites Bullish Momentum 
FxWirePro: USD/CNY dips as China’s yuan strengthens on Iran war de escalation hopes 
FxWirePro- Major Crypto levels and bias summary 
EUR/JPY chart - Trading View
- EUR/JPY is trading 0.27% higher on the day at 126.58 at 0745 GMT.
- The pair has ignored a 'Doji' formation on Friday's candle and has resumed upside.
- The pair remains capped at 110-EMA, but technical indicators continue to show bullish bias.
- Stochs and RSI are sharply higher and MACD is on verge of bullish crossover on signal line.
- Breakout at 110-EMA will see gains upto 200-DMA. Further momentum could see test of 61.8% Fib at 130.36.
- On the downside, strong support is seen in the 126.75 to 128.85 zone. Break below to see further weakness.
Support levels - 126.12 (5-DMA), 125.96 (38.2% Fib), 125.82 (21-EMA)
Resistance levels - 126.62 (110-EMA), 127.50 (Mar 1 high), 128 (200-DMA)
Recommendation: Watch out for break above 110-EMA to go long, SL: 126. TP: 127/ 127.50/ 128
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
