- Nikkei has shown a minor decline of almost 500 points from temporary top around 24187. The major reason for slight decline was due to huge sell off in USD/JPY pair. US Dow and S&P 500 hits record high at 26699 and 2876 respectively. It is currently trading around 23656 0.40% lower.
- USD/JPY has declined almost 130 pips on Jan 26th 2018 from the intraday high of 109.59. The pair dipped till 108.28. It is currently trading around 108.77. The near term resistance is around 109.60 and any break above will take the pair to next level till 110/110.35.
- On the lower side, index major support is around 23600 and any break below will drag the index down till 23200/23000.
- The near term resistance is around 23800 (100- 4H MA) and any break above will take the index to next level till 24000/24200.
It is good to sell on rallies around 23750-800 with SL at 24000 for the TP of 24500/24225.


FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro- Major Crypto levels and bias summary
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: USD/ZAR extends decline, scope for further downside
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro : EUR/NZD gains upside momentum but still bearish
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 



