FxWirePro: USD/CNY hits 15-month low , scope for further downside 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: USD/JPY bears maintain upper hand 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
- Cable hits year high after breaking major resistance of 1.31262 high made on Jul 18th 2017. The pair hits new Year high after dovish statement by U.S Fed.
- Fed kept its interest rate unchanged and decided to maintain its target range for the federal funds rate at 1 to 1.25%. It also mentioned in the statement that Fed is planning to implement balance sheet normalization programme very soon.
- On the higher side, the pair has broken major resistance 1.3130 confirms major trend reversal, a jump till 1.3220/1.3245 (161.8% retracement of 1.31260 and 1.29343). The near term resistance is around 1.3180.
- On the lower side, near term support is around 1.30750 (23.6% retracement of 1.28118 and 1.31586) and any break below will drag the pair till 1.3030 (daily Tenkan-Sen)/1.3000/1.2969 (21- day EMA). The minor support is around 1.3100 (23.6% fibo).
It is good to buy on dips around 1.3100 with SL around 1.3040 for the TP of 1.3245.
