- Pattern Formed - Head and shoulder .
- Major support - 18867 (100- day EMA)..
- Major resistance - 19364 (61.8% retracement of 19669 and 18867).
- Nikkei has declined after showing a jump till 19200 yesterday. The index broken 19000 level and declined till 18878. It is currently trading at 18978 at 0.16% higher.
- The index formed head and shoulder pattern in hourly chart any break below neckline at 18870 will confirm bearish continuation.
- USD/JPY declined after jumping till 112.19 and any break above 112.20 (100- day EMA) confirms further bullishness. Minor weakness can be seen below 110 level.It is currently trading around 111.35.
- On the lower side , 18867 (100- day MA) and any break below will drag the index till 18650/18230..
- •The major resistance is around 19365 (61.8% retracement of 19669 and 18867) and any break above will take the index till 19600/19698.The minor resistance is around 19030/19200.
It is good to sell below 18870 around with SL around 19030 for the TP of 18635/18500


ETHUSD Dip: Prime Buy Zone to $3600 Targets
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 



