FxWirePro: USD/JPY steadies below 162.00 as Geopolitical risks keep dollar supported 
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FxWirePro- Woodies pivot (Major) 
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GBPJPY Surges Past Trendline Resistance, Signaling Bullish Momentum 
EURUSD pared some of its gains as geopolitical tension escalation increased demand for dollar. It hits an intraday low of 1.15864 and is currently trading around 1.16092
|
Technicals |
CMP -1.16060 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
1.16389 |
CMP< value |
Bearish |
|
200- EMA |
1.16704 |
CMP<value |
Bearish |
|
365- EMA |
1.16755 |
CMP<value |
Bearish |
Major support- 1.1525/1.14835. Near-term resistance- 1.16620/1.1725/1.1765/1.1800
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-77.90 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 1.16600, with an SL around 1.1705, for a TP of 1.1525.
