EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
CAD/JPY Bounces to 113.22 — BOC Hold Sparks Dip-Buy Setup Toward 115 
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.2650 level 
FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed 
FxWirePro: USD/JPY gains some ground but bearish outlook persists 
FxWirePro: EUR/AUD gains some upside momentum but still bearish 
AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout 
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip 
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight 
USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop 
CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout 
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path 
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 
USD/JPY is unable to extend gains above 200-DMA at 121.47 which is strong resistance on the upside.
- The pair is trading by day's lows at 120.53, any further bullishness could be seen only if pair breaks above 200-DMA.
- For now, bears seem to rule the day, downside has accelerated after the RBA policy decision to stay on hold.
- Techs indicate further downside, RSI is biased lower, we see a bearish Stochs crossover at overbought levels, a rollover below 80 levels would further confirm downside.
- Immediate support on the downside is seen at 120.03 (5-DMA), while on the upside resistance lies at 121.03 (session highs) ahead of 121.47 (200-DMA).
Recommendation: We find it good to sell rallies around 120.70, SL: 121.50, TP: 120/119.75/119.60
