NZDJPY on the Edge: Sell the Bounce as Bears Regroup Below Key EMAs 
EURJPY Bears Hold the Line: Sell Rallies Below 183 as Trendline Support Tested 
FxWirePro: USD/ZAR gains some ground but outlook still bearish 
FxWirePro: EUR/AUD neutral in the near term, scope for further downside 
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume 
FxWirePro: NZD/USD edges lower ahead of key RBNZ policy decision 
FxWirePro AUD/USD creeps higher, RBA minutes may rekindle rally 
FxWirePro: USD/CAD inches higher, set to stay on back foot 
USDCHF Bears Eye Deeper Slide: Sell Rallies as Cooling US Inflation Fuels Franc Strength 
Sell the Bounce Alert: ETH ~$1,976 with Bearish EMAs — Asian Wrap Confirms No Rebound, $1,500 in Play 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
GBPJPY Bottoms Out at 207.56: 150-Pip Surge Signals Sell-on-Rallies Trap 
FxWirePro: GBP/AUD recovers slightly, upside limited 
Bitcoin Downtrend Firm: Narrow Consolidation ~$68,710 After Asian Session Ends Weak, No Rebound 
FxWirePro- Major Crypto levels and bias summary 
GBPJPY showed a false breakout below 23.6% fib (fib retracement joining 184 and 215) and jumped more than 150 pips. It hits an intraday high of 209.30 and is currently trading around 209.72
|
Technicals |
CMP -209.18 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
209.13 |
CMP > value |
Bullish |
|
200- EMA |
210.50 |
CMP < value |
Bearish |
|
365- EMA |
211.49 |
CMP < value |
Bearish |
Major support- 207.75/206.75/205.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
above zero line (bullish) |
131 |
|
ADX |
Neutral |
Strength jumped from 14 to 15.52 |
It is good to sell on rallies around 209.55-57 with SL around 210.50 for a TP of 207.55/206.
