Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
FxWirePro- Woodies pivot (Major) 
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Wall Street Analysts Weigh in on Latest NFP Data 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: GBP/AUD bears maintain upper hand 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays 
Trump’s "Shock and Awe" Agenda: Executive Orders from Day One 
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 
FxWirePro- Woodies pivot (Major) 
2025 Market Outlook: Key January Events to Watch 
USD/JPY chart on Trading View used for analysis
- USD/JPY is extending positive momentum for the second straight sesson, bias higher.
- The pair is trading 0.42% higher on the day at 112.83 at the time of writing.
- Price action saw a solid rebound at the start of a new trading week, bounced of strong support at nearly converged daily cloud and 110-EMA.
- Stochs and RSI have turned higher and the major has broken strong trendline resistance at 112.35.
- Next immediate resistance lies at 113.17 (July 19 high) ahead of 114.55 (Oct 4 high).
- Failure to close above 20-DMA could see some flat trade. Retrace below 5-DMA to see further weakness.
Support levels - 112.48 (21-EMA), 112.15 (55-EMA), 111.50 (110-EMA)
Resistance levels - 113, 113.17 (July 19 high), 114.55 (Oct 4 high)
Recommendation: Good to go long on dips, SL: 112.30, TP: 113/ 113.15/ 114
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
