FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95 
GBPJPY has been consolidating in a narrow range between 211.38 and 209.22 for the past three days. It is now trading around 210.23 after reaching an intraday high of 210.57.
|
Technicals |
CMP -210.23 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
210.25 |
CMP <value |
Bearish |
|
200- EMA |
210.18 |
CMP < value |
Bearish |
|
365- EMA |
210.22 |
CMP <value |
Bearish |
Major support- 210/209.48/208. Major resistance - 212/213.15/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-12 |
|
ADX |
Neutral |
|
It is good to sell on rallies around 210.28-30 with SL around 211.35 for a TP of 207.60.
