Positive China trade data boosted optimism in the markets, bolstering with it risk-on sentiment and supporting USD.
- Bid tone around the USD/JPY improves taking USD/JPY to session highs at 118.35, pair has since eased a litle to currently trade at 118.20.
- The pair has held strong trendline support at 116.70 on Jan 11th, and has today broken above 5-DMA which was capping updise.
- Stochs and RSI on dailies has rolledover into positive territory and MACD also supports further upside.
- Immediate resistance is located at 118.60 (10-DMA), while supports on the downside are seen at 117.67 (5-DMA) and then 117.33 (Jan 7th lows).
Recommendation: Good to go long on dips around 118 levels, SL: 116.70, TP1: 119.40, TP2: 120, TP3: 120.60


FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro- Major Pair levels and bias summary
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 at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch
FxWirePro: NZD/USD drifts lower as markets await US inflation data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro- Woodies pivot (Major)
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom
FxWirePro- Major Crypto levels and bias summary 



