EURJPY Bulls Charge Past 185 Amidst Yen Weakness; Buy Dips Near 185.28 
GBPJPY Surges Above 216.50 Amidst Yen Weakness; Buy on Dips Advised 
FxWirePro: USD/CAD consolidating around 1.4200 room for further gains 
FxWirePro: USD/ CNY gains some ground but bearish outlook persists 
USDCHF Pares Gains Amidst Dollar Weakness; Sell Rallies Recommended 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/USD edges higher but rally stalls below post-NFP peak 
NZDJPY: Caught Between a Rock and a Hard Place – Will the Downtrend Prevail? 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: USD/CAD steadies around 1.4200, retains bid tone 
FxWirePro: NZD/USD drifts lower as RBNZ policy decision looms 
Yen Momentum Trims GBP/JPY Gains, Support Seen at 216.40 
NZDJPY Holds Steady: Sell on Rallies Amidst Sideways Trading 
FxWirePro: GBP/AUD continues to recovers , upside pressure builds 
FxWirePro:USD/JPY holds bullish bias despite intervention concerns 
Gold gained slightly after a minor profit booking. After hitting an high of $4202 yesterday and it’s currently hovering near $4170.
|
Technicals |
CMP -$4170 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
$4140 |
CMP >55 EMA |
Bullish |
|
200- EMA |
$4112 |
CMP >200- EMA |
Bullish |
|
365- EMA |
$4145 |
CMP >365 EMA |
Bullish |
Near -term support -$4100. Major bearishness below $3940. Any violation below $4100 targets $4060/$4035/$4000/$3980/$3940. Near-term resistance - $4205/$4245/$4269/$4300/$4400.
|
Momentum indicator (4-hour chart) |
Inference |
Value |
|
CCI(50) |
Bullish |
44.31 |
|
ADX |
Neutral |
|
It is good to buy on dips around $4158-60 with SL around $4100 for a TP of $4300/$4400.
