EUR/JPY uptrend from 126 lows (Jan 21st) is stalling by strong trendline resistance at 132 levels.
- A clean break above is needed for further upside, but Techs are not providing much support, Stochs are in overbought territory, a reason for caution.
- Daily cloud (currently spanning between 132.26 and 133.20) weighs on the topside, also Doji formation seen at highs suggests some correction lower.
- Immediate support is seen by 131.25 (Feb 1st lows) and then 5-DMA at 130.75. On the other side resistance is seen at 132 (falling trendline) ahead of 132.26 (cloud base).
Recommendation: Good to sell rallies around 131.70/75, SL: 132.25, TP: 131/130.75


Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro- Woodies pivot (Major)
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/USD gives up gains as traders await UK GDP
FxWirePro: NZD/USD drifts lower as markets await US inflation data
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 



