Ichimoku Analysis (4-Hour Chart)
Tenken-Sen- 151.32
Kijun-Sen- 151.02
Previous week high – 153.45
GBPJPY rebounds sharply after hitting a low of 151.05. The weakness in Yen is due to upbeat market sentiment and a jump in US treasury yield. The minor sell-off in Pound sterling on Brexit pessimism and coronavirus concerns is preventing the pair from upside. GBPUSD trades above 1.3750; any breach below 1.3730 confirms further bearishness. The intraday trend of GBPJPY is bullish as long as support holds.
USDJPY- Analysis
The pair has broken significant resistance 110.25, a jump till 110.80. Significant support is around 109.
Technical:
The pair's immediate resistance is around 151.75, any surge past targets 152/153. Significant bullish continuation if it breaks 153.50. On the lower side, near-term support is around 151. Any indicative violation below targets 150.45/149/148.45.
Ichimoku Analysis- The pair is trading above 4- hour Kijun-Sen and below Tenken-Sen
Indicator (4 Hour chart)
CAM indicator- Slightly Bullish
Directional movement index –Bullish
It is good to buy on dips around 151.55-60 with SL around 151 for a TP of 153.


BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major US Indices
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



