Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm 
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro- Major European Indices 
S&P500 is trading weak for third consecutive day and has lost more than 2% yesterday. The index has broken major support 2583 ow made on Dec 10th 2018 and hits 14-month low. US markets declined more than 10% in this month of Dec worst since 1931. The decline was due to slightly weak economic data and declining US 10 year yield. The US 10 year yield was at 3.25% and has lost 8% from the high and US 2 year and 5 year yield got inverted. It is currently trading around 2562.
The near term resistance is around 2600 and any break above targets 2622 (7- day MA)/2641/2686/2720. The index should break 2760 (200- day MA) for further bullishness.
On the lower side, near term support is around 2530 and any break below targets 2500/2470.
It is good to sell on rallies around 2600-05 with SL around 2622 for the TP of 2530/2470.
