FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies Pivot(Major) 
NZDJPY Strategy: Buying the Dips as Bullish Momentum Holds Firm 
Aussie Resilience: AUDJPY Defies 250-Pip Sell-Off to Defend the 110.50 Stronghold 
FxWirePro:NZD/USD recovers some ground but bulls lack punch 
FxWirePro: EUR/ NZD trends higher, but faces potential pitfalls 
FxWirePro: USD/CNY remains weak, Eyes 6.850 level 
FxWirePro: USD/JPY runs out of steam but maintains bullish outlook 
Pound Under Pressure: GBPJPY Consolidates Near Critical EMAs as Bearish Momentum Builds 
FxWirePro: EUR/ NZD slips lower, set to stay on back foot 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD in narrow range, bias bearish 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persist 
FxWirePro: AUD/USD drifts lower as recovery rally loses momentum 
AUDJPY cut some of its gains on board-based Australian dollar weakness. Having fallen to an intraday low of 110.42, it is presently trading around 110.487.
|
Technicals |
CMP -110.48 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
110.88 |
CMP <value |
Bearish |
|
200- EMA |
110.58 |
CMP <value |
Bearish |
|
365- EMA |
110.08 |
CMP> value |
Bullish |
Major support- 110.35/109.80/109.50/108.95/108.50/107.65.
Major resistance- 111.15/112.10/113
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-51.09 |
|
ADX |
Bearish |
Strength increased from 13.29 to 17 |
It is good to sell on rallies around 110.78-80 with SL around 111.55 for a TP of 109.
