AUDJPY Trades Flat After Yen Strength; Bearish Outlook Suggests Selling Rallies 
FxWirePro: USD/CNY bearish outlook persists 
FxWirePro: USD/CNY sees some bounce after yesterday's fall 
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely 
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data 
FxWirePro- Woodies Pivot (Major) 
FxWirePro- Woodies Pivot (Major) 
JPY Major Currency Score: AUDJPY, EURJPY, CADJPY Extremely Bearish 
JPY Major Currency Score: All Bearish 
FxWirePro: EUR/AUD scales one-week peak after ECB rate hike 
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies 
Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish 
EUR/USD Defies ECB Rate Hike to Reclaim 1.1600: Technical Setup Points to Buy-on-Dips Opportunity 
FxWirePro: EUR/NZD gaining momentum for a move towards 2.0100 level 
FxWirePro: USD/JPY slips as yen firms after hot Japan's wholesale inflation data 
EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon 
Add as a preferred source on Google
GBPJPY pared some of its gains despite upbeat UK GDP data. It reached an intraday high of 208.91; now it is about 208.05.
|
Technicals |
CMP -208.05 |
Trend |
|
|
1-hour |
Value |
|
|
|
55 EMA |
210.71 |
CMP <value |
Bearish |
|
200- EMA |
213.74 |
CMP >value |
Bearish |
|
365- EMA |
214.31 |
CMP >value |
Bearish |
Major support- 207/205. Major resistance: 209.10/210/211.60/212.66/213/214/215.
|
Momentum indicator |
Value |
|
|
CCI(50) |
-68.65 |
Bearish |
|
ADX |
|
Neutral |
It is good to sell on rallies around 208.58- 60, with SL around 209.50 for a TP of 207.
