Asian markets is trading extremely lower on massive sell-off in technology stocks in Wall Street especially Apple. NASDAQ has lost more than 2.5% led by heavily weighed Apple which has declined nearly 5% as most of suppliers has cut its forecast. US markets closed lower with Dow Jones at 25387 (2.32% lower) and S&P500 at 2726 (1.97% lower).Chinese market shanghai is trading slightly lower compared to huge sell-off in other Asian market and lost nearly 0.5%. It is currently trading around 2621 0.32% lower.Nikkei has lost more than 600 points from high of 22330. It is currently trading around 22300 (0.76% lower).
USDJPY declined more than 50 pips after hitting high of 114.23. The near term major resistance is around 114.25 and any break above targets 114.55. It is currently trading around 113.77.
On the lower side, near term support is around 21400 and any break below targets 21000/20800.
The near term resistance is at aid 22430 (7- day MA) and any break above targets 22600/22800.
It is good to sell on rallies around 21800-850 with SL around 22100 for the TP of 20800.


FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro- Major Pair levels and bias summary
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro- Major Pair levels and bias summary
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



