FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY regained above 170 on the weak yen. The yen lost more than 100 pips against the USD as BOJ has not taken any action to support the yen's strengthening. The minor sell-off in the pound sterling prevented GBPJPY from further upside. Any violation below 1.1500 confirms further bearishness, a jump to 1.1400 is possible. Technically in the 4-hour chart, GBPJPY holds above short-term 21-EMA, 55- EMA, and long-term 200 EMA (165.03). Any convincing close above 170 will take the pair to the next level 172/175. GBPJPY hits an intraday high of 170.40 and is currently trading around 170.25.
The near-term support is around 168.75, a breach below targets 168.25/167.40.
Indicators (4-hour chart)
CCI (50) – Bullish
ADX- neutral
It is good to buy on dips around 169.50-55 with SL around 168.75 for a TP of 172.
