FxWirePro: NZD/USD drifts lower as markets await US inflation data 
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
FxWirePro- Major Crypto levels and bias summary 
JPY Majors Currency Score (15 min): NZDJPY Crashes to Extreme Bearish -100, CHFJPY Turns Sharply Bearish 
Major Crypto Pair Crypto Score: BNBUSD Extremely Bullish at 100, Dominating as XRPUSD Turn Deeply Bearish 
FxWirePro: USD/JPY steadies around 159.30, bias bullish 
FxWirePro: AUD/USD drifts back to familiar territory post-US CPI 
FxWirePro: NZD/USD slips as geopolitical and domestic political risks weigh 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision 
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst 
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish at 100, USDCAD Extremely Bearish at -100 – Key Major Levels to Watch 
Nikkei Blasts Past 67K: AI Chip Frenzy Ignites 9% Surge From Yen Intervention Bottom 
FxWirePro: GBP/USD gives up gains as traders await UK GDP 
FxWirePro: USD/CAD hits two-month low as oil prices rise 
FxWirePro: USD/ZAR eyes downside as dollar eases after US CPI data 
Add as a preferred source on Google
USD/JPY has slipped sharply to hit hitting session low at 121.29 and is approaching to test support level located at 121.00. The support level at 121.00 is likely to act as strong barrier to the bears and bring a rebound towards 121.50 and later 122.00 levels, as the US dollar is set gain upper hand against Japanese yen as the Federal Reserve is expected to hike interest rate in the next week FOMC meetings.
- Strong support can be seen at 121.00, a break below this level will expose the pair to next support level at 120.80 levels.
- Major resistance can be seen at 121.50, a break above this level will open the door towards 122.26.
Recommendation: We prefer long above 121.00, targets 121.60, 122.00, SL 120.80.
Resistance Levels
R1: 121.50 (38.2% Retracement Level)
R2: 121.90 (Dec 10th high)
R3: 122.26 (23.6% Retracement Level)
Support Levels
S1: 121.00 (Psychological levels)
S2: 120.80 (50 % Retracement Level)
S3: 120.20 (61.8% Retracement Level)
