Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro- Major Pair levels and bias summary 
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
FxWirePro: GBP/USD rises as soft US data pressures dollar 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
Suspected yen intervention drove Nikkei to climb significantly. It reached an intraday high of 65249 and is now at 64506.
|
Technicals |
CMP -64506 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
64130 |
CMP>value |
Bullish |
|
200- EMA |
66701 |
CMP <value |
Bearish |
|
365- EMA |
65291 |
CMP<value |
Bearish |
|
61519 |
CMP>Value |
Bullish |
Near-term resistance - 65300/65500/67550. Near-term support- 64000/62650/61500.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Neutral |
|
|
ADX |
Neutral |
|
It is good to buy above 65300 with a SL around 64000 for a TP of 67500.
Nikkei Market Snapshot: Top Performing Sectors & Key Scrips
Strong gains in high-tech and industrial supply chains, headed by the Electric Appliances and Semiconductor Electronics sector (up around 3%), together with strong results in Nonferrous Metals and Precision Instruments, are now driving Japan's stock market. Among outstanding individual stocks to keep an eye on are Advantest Corp. (+10.85%), NEC Corp. (+8.43%), Hitachi (+6.01%), and Mitsui Mining & Smelting (+5.57%). All of these companies are profiting from the rising demand for AI chips, strong corporate IT spending, and infrastructure development in the power grid.
