GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
FxWirePro- Major Pair levels and bias summary 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 
The GBPJPY pair trades flat between 207.23 and 209.64 for past one week. It hits an intraday low of 208.22 and is currently trading around 209.174.
|
Technicals |
CMP -209.11 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
208.85 |
CMP > value |
Bullish |
|
200- EMA |
209.27 |
CMP < value |
Bearish |
|
365- EMA |
209.97 |
CMP < value |
Bearish |
Major support- 207.50/206.75/205. Major resistance - 209.20/209.60/210/212/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
above zero line (slightly bullish) |
51.38 |
|
ADX |
Neutral |
|
It is good to buy on dips around 208.68-70 with SL around 207.65 for a TP of 214
