FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
- USD/JPY beaten down below 110 handle as US dollar remains on the back foot across the board.
- Dollar resumed weakness after Treasury Secretary Steve Mnuchin crossed the wires saying that a weaker USD is good for the US.
- Further bearish sentiment around the pair was heightened by upbeat Japanese Manufacturing PMI which rose to the highest level since Feb 2014 in Jan.
- USD/JPY slumped lower to hit fresh 4-month lows at 108.96 before paring some losses to close at 109.21.
- Downside continues on the day as we head into the EU session. Technicals still appear heavily bearish.
- Price currently holds above 78.6% Fib support at 108.90. Break there will see further downside.
Support levels - 108.90 (retrace of 107.318 to 114.737 rally), 108.60 (Aug 18 low), 108.26 (Aug 29 low), 108.16 (88.6% Fib)
Resistance levels - 109.80 (channel base), 110.05 (5-DMA), 110.15 (61.8% Fib)
Call update: Our previous call has hit all targets.
Recommendation: Book partial profits, trail stop loss to 109.90, watch for break below 78.6% Fib, target 108.60/ 108.30/ 108.15.
FxWirePro Currency Strength Index: FxWirePro's Hourly USD Spot Index was at -142.022 (Bearish), while Hourly JPY Spot Index was at 25.1978 (Neutral) at 0430 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
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