FxWirePro: USD/CNY edges lower , bearish outlook persists 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
GBPJPY Stuck in Tight Range – Neutral Bias Persists Despite Bullish EMAs 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
FxWirePro: NZD/USD advances as hawkish outlook by a top policy maker boosts kiwi dollar 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
FxWirePro- Major Pair levels and bias summary 
GBPJPY hits a fresh month high after a long consolidation. It hits an intraday high of 214.47; now it is trading at about 214.45.
|
Technicals |
CMP -214.45 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.36 |
CMP >value |
Bullish |
|
200- EMA |
213.375 |
CMP >value |
Bullish |
|
365- EMA |
212.82 |
CMP >value |
Bullish |
Major support-211.30/210.40/209.80/209. Major resistance 214.50/215/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
150.35 |
|
ADX |
Bullish |
Strength increased from 20.37 to 29.29 |
It is good to buy on dips around 214 with SL around 213 for a TP of 216/217.
