- Major resistance - 16600
- Nikkei index dives off more that 3% on thrusday after BOJ surprised markets by holding off fresh stimulus.
- The index has broken 16200 (yesterday low) in the morning session and declined till 16067 at the of writing. It is currently trading around 16114.Short term trend is bearish as long as resistance 16600 holds.
- The index major resistance is around 16600 and any break above will take the index to next level 16800/17200.
- On the lower side major support is around 16000 and break below will drag the index down till 15500/15325. in short term.
- Short term trend reversal can be seen only below 15000.
It is good to sell on rallies around 16300 with SL around 16600 for the TP of 16000/15550


FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD bears maintain upper hand
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115 



