Asian markets is trading mixed especially Nikkei trading flat. US markets has closed well above 1% after sell-off in previous week. Asian markets are struggling to rebound as US President is planning to impose further tariffs on $200 billion in Chinese imports to 25% from 10%. Markets eye US President Trump and Chinese PM meeting to happen in Buneos Aires later this week. Chinese market Shanghai is consolidating after a more than 2.5% sell-off. It is currently trading around 2580 0.20% higher.Nikkei is trading slightly lower and declined nearly 200 points from high of 22089. It is currently trading around 21889 (0.45% lower).
USDJPY has broken major resistance of 113.25 and jumped till 113.65. The near term major support is around 112 and any break below targets 111.37. It is currently trading around 113.45.
On the lower side, near term support is around 21400 and any break below targets 21000/20800.
The near term resistance is at 22175 (55- day EMA) and any break above targets 22335 (89- day EMA)/22550.
It is good to sell on rallies around 22100-150 with SL around 22340 for the TP of 21400.


Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro- Major Crypto levels and bias summary
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
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
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Woodies pivot (Major)
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
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00 



