NZDJPY Smashes 4-Month High on Kiwi Buying Frenzy – Bullish Setup Remains Strong 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD advances as hawkish outlook by a top policy maker boosts kiwi dollar 
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: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely 
AUDJPY Surges Above 112.50 on Aussie Momentum – Bullish EMAs Flash Green but Sell Rallies into 111.30 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
As demand for dollar rose, GBPJPY erased some of its gains as pound sterling lost its momentum. It reaches an intraday low of 213.33; presently it is around 213.64.
|
Technicals |
CMP -213.64 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.77 |
CMP <value |
Bearish |
|
200- EMA |
213.51 |
CMP >value |
Bullish |
|
365- EMA |
212.95 |
CMP >value |
Bullish |
Major support-212.60/212/211.30/210.40/209.80/209. Major resistance 214.50/215/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to buy on dips around 213 with SL around 212 for a TP of 216/217.
