Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: EUR/AUD bears maintain upper hand 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
EURUSD trades below minor trend line support after a long consolidation. It hits an intraday low of 1.18240 and is currently trading around 1.18289.
|
Technicals |
CMP -1.18285 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.18548 |
CMP < value |
Bearish |
|
200- EMA |
1.18590 |
CMP < value |
Bearish |
|
365- EMA |
1.18442 |
CMP < value |
Bullish |
Major support- 108/106.85/106.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-164.53 |
|
ADX |
bearish |
Strength increased to 27.62 from 26 |
It is good to sell on rallies around 1.18300-325 with SL around 1.1865 for a TP of 1.1765.
