Asian markets are trading mixed as US and China resumes trade talks . US new round of trade tariff of $16 billion on Chinese will take effect at 12:01 am New york.US fed minutes meeting shows that central bank are optimistic on US growth and poised for more rate hikes. US dollar has halted its weakness after hawkish fed comments. US markets closed higher with Dow Jones 25733 (0.34% lower) and S&P500 2862 (0.04% higher). Shanghai is trading slightly higher after hitting low of 2700 and is currently trading around 2732 (0.61% higher). US futures is trading higher with Dow Jones at 25702 (0.11% lower) and S&P500 2857 (0.06% lower). Nikkei is currently trading around 22345 0.57% higher.
USD/JPY has recovered sharply after showing dip slightly below 200- day MA. It is currently trading around 110.87 (0.30% higher).
On the lower side, index major support is around 22350 and any break below will drag the index down till 22200/22000. The major long term support is around 21750.
The near term resistance is around 22460 (100- day MA) and any convincing break above will take the index to next level till 22800/23040.
It is good to buy on dips around 22200 with SL at 22000 for the TP of 22460/22800.


Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
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
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges higher, outlook bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Pair levels and bias summary 



