Bearish Clouds Over EUR/JPY: 183 Is the Line in the Sand 
FxWirePro: USD/JPY recovers from two-week low , upside limited 
FxWirePro: EUR/NZD strongly bearish despite upside attempts 
AUD/JPY Rally Fades: Yen Comeback Turns 109 Zone Into Fresh Shorting Opportunity 
FxWirePro: GBP/USD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD momentum strongly bearish despite pause in losses 
FxWirePro: USD/JPY dips as Japanese Yen firms on intervention talk 
EURJPY Bears Hold the Line: Sell Rallies Below 183 as Trendline Support Tested 
FxWirePro: USD/CAD gains some ground but outlook still bearish 
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume 
USD/CHF Bear Trap? Sell the Bounce at 0.7730 Toward Fresh Lows 
FxWirePro: NZD/USD bulls lose traction, cannot add to overnight gains 
GBPJPY in Freefall – Bearish Breakdown Fuels Sell-on-Rallies Setup 
FxWirePro: USD/ CNY outlook weaker on renewed downside pressure 
AUDJPY took support near trend line and showed a minor pullback. It hits a low of 107.97 yesterday and is currently trading around 108.61.
|
Technicals |
CMP -108.61 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
108.85 |
CMP < value |
Bearish |
|
200- EMA |
109.01 |
CMP < value |
Bearish |
|
365- EMA |
108.53 |
CMP > value |
Bullish |
Major support- 108/106.85/106.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-59.89 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 109.10-15, with an SL around 110, for a TP of 106.
