- Nikkei is continuing its losing streak for fifth consecutive days after hitting hitting 25 year high at 23525. The index is trading slightly weak on account of slight bullishness in yen and weak US stock market. US Dow declined 135 point and closed at 3- week low. Nikkei hits low of 21830 and is currently trading around 22164 0.33% higher.
- USD/JPY has broken low of 112.95 made on Oct 31st 2017 and shown a minor jump till 113.03. The pair bullish continuation can be seen if it closes above 114.45 (161.8% fibo) level. On the lower side, major support is around 112.18 (233- day MA) and any close below will take the pair till 111.68 (100- day MA)/111.13. It is currently trading around 112.97.
- On the lower side, index major support is around 21746 (34 -day EMA) and any break below will drag the index down till 21500/21313 (55- day EMA).
- The near term resistance is around 22800 and any break above will take the index to next level till 23000/23200/23480.
It is good to sell on rallies around 22300-350 with SL around 22600 for the TP of 21840/21745.


Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115
FxWirePro: AUD/USD nurses losses in subdued trading
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
NZDJPY Dip-Buy Setup: 93.58 Holds as Bulls Eye 95–96
FxWirePro: GBP/USD gains on upbeat UK retail sales data
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ NZD under pressure after early buying dries up
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge
FxWirePro: EUR/AUD edges higher but bearish outlook persists
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
FxWirePro: USD/ JPY remains buoyant, looks to extend gains
FxWirePro- Major Pair levels and bias summary 



