Asian markets are trading lower especially China’s Shanghai has lost nearly 2.5% from high of 3090 after China cuts growth forecast to 6% to 6.5% from 6.5% and cuts 3% points to the value added tax to benefit manufacturing sector.Nikkei has declined more than 350 points from yesterday high of 21873.US market has closed slightly lower with Dow Jones at 25819 (0.79% lower) and S&P500 2792 (0.39% lower). USDJPY is consolidating after hitting high of 112.078.It is currently trading around 111.85.
On the lower side, near term support is around 21540 (200-H MA) and any break below targets 21400 (300- H EMA)/21280/21000.The index should break below 20800 for further direction.
The near term resistance is at 21918 and any break above targets 22200/22380.
It is good to buy on dips around 21350-400 with SL around 21180 for the TP of 22000.


FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Euro Bulls Charge Past 1.1600: Broad Dollar Sell-Off Ignites Powerful EURUSD Rally
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Major European Indices
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: GBP/USD recovers but bears are not done yet again
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary 



