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FxWirePro- Major European Indices 
FxWirePro: GBP/USD retreats slightly but trend is still bullish 
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FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
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FxWirePro: GBP/AUD recovers slightly, upside limited 
FxWirePro: NZD/USD bulls lose traction, cannot add to overnight gains 
AUDJPY Bears Regroup: Sell Rallies as Trendline Bounce Fades 
GBPJPY 150-Pip Reversal Alert: Fib Fakeout Rejected — Bulls Strong, But Fade the Bounce 
NZDJPY on the Edge: Sell the Bounce as Bears Regroup Below Key EMAs 
FxWirePro: USD/JPY gains as yen weakens on soft Japan’s Q4 GDP data 
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume 
Double Bottom Magic: AUD/JPY Eyes 110.78 Breakout After Perfect Pullback 
FxWirePro- Major Pair levels and bias summary 
AUDJPY declined more than pips after hitting a temporary top around 110.08. At 108.99, it reaches an low of 108.99 yesterday; it is now trading at about 109.37.
|
Technicals |
CMP -109.63 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.33 |
CMP>value |
Bullish |
|
200- EMA |
109.02 |
CMP >value |
Bullish |
|
365- EMA |
108.75 |
CMP < value |
Bullish |
Major support- 108.80/108.50/107.65/106.85/106.
Major resistance- 109.60/110/110.78/111.64/112.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-21.41 |
|
ADX |
Neutral |
|
It is good to buy on dips around 109 with SL around 108 for a TP of 111.64/112.
