Major resistance - 19698 ( Jan 9th 2017)
Nikkei hits fresh 52 week high at 19700 at the time of writing and slightly declined from that level.It is currently trading at 19620 0.2% lower.
•The index is trading slightly range bound and market awaits Fed monetary policy statement for further direction.
• On the lower side , 19500 (resistance turned into support) and any break below will drag the index till 19340 (21 day EMA)/19190/19128 (trend line joining 18224 and 18973).
•The major resistance is around 19698 (Jan 9th 2017 high) and any break above will take the index till 19917 (161.8% retracement of 19566 and 18986)/20000. The minor resistance is around 19327 (daily Tenken-Sen)./19400.
It is good to buy on dips around around 19425-19450 with SL around 19300 for the TP of 19698/19900


NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
ETHUSD Dip: Prime Buy Zone to $3600 Targets
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
0.7870 Break Looms – Next Stop 0.7800 for USDCHF? 



