NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
AUD/JPY chart on Trading View used for analysis
- AUD/JPY extending weakness after break below trendline support at 79.50, bias bearish.
- Price action has slipped below 61.8% Fib abd we see scope for further weakness amid trade war risks.
- The safe-haven Japanese currency remains bid on escalating US-China trade tensions, weighing on JPY crosses across the board.
- Trump threatens to up the ante in the trade war with China, USD200-467bn of 25% tariffs on China could come slamming down at any moment.
- Technical studies on weekly charts are highly bearish. Price action below major EMAs which are downward sloping.
- Momentum studies are bearish and Bollinger Bands are widening in support.
- Scope for test of 78.6% Fib at 76.26. While on the flip side, 5-DMA is immediate resistance at 79.52. Break above could see upside till 21-EMA at 80.50.
Support levels - 78, 77.58 (Feb 2016 low), 76.26 (78.6% Fib)
Resistance levels - 79.52 (5-DMA), 80.50 (21-EMA), 81
Call update: Our previous call (https://www.econotimes.com/FxWirePro-AUD-JPY-breaks-major-trendline-support-at-7950-786-Fib-in-sight-stay-short-1425482) has hit TP1.
Recommendation: Stay short for further weakness.
FxWirePro Currency Strength Index: FxWirePro's Hourly AUD Spot Index was at -61.6227 (Neutral), while Hourly JPY Spot Index was at 45.7527 (Neutral) at 0645 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
