FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro: USD/CAD slips as oil rally boosts loonie 
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 
FxWirePro- Major Crypto levels and bias summary 
ETHUSD Dip: Prime Buy Zone to $3600 Targets 
FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback 
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next? 
FxWirePro-Major European Indices 
Ichimoku Analysis (4-Hour Chart)
Tenken-Sen- 153.90
Kijun-Sen- 153.19
GBPJPY is consolidating in a narrow range between 153.51 and 154.40 for the past three days. The pound sterling declined to 1.4000 on the steadier dollar due to a surge in US inflation. GBPUSD should break below 1.4000 for further weakness. USDJPY is trading flat and any jump above 110 will take the pair to 111. The intraday trend of GBPJPY is bullish as long support 153.40 holds.
Technical:
The pair's near-term resistance around 154.50, any break above will take the pair to next level till 155/156. On the lower side, near-term support is around 153.50. Any indicative violation below that level will drag the pair down to 152.80/152.30/152. Significant trend reversal only if it breaks below 147.40.
Ichimoku Analysis- The pair is trading above 4-hour Kijun-Sen and cloud.
Indicator (1-Hour chart)
CAM indicator –Neutral
Directional movement index –Bullish
It is good to buy on dips around 153.25-30 with SL around 152.80 for a TP of 155.
