NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro- Major Pair levels and bias summary 
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NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro-Major European Indices 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
S&P500 has jumped more than 2% from yesterday’s low of 2637 after Fed monetary policy. US Fed was more dovish and pledges ‘patience’ stance for further moves nad better than expected results from Facebook and AMD. Markets eye US Non Farm Payroll data which is to be released tomorrow and US-China trade talks .The index hits intraday high of 2692 and is currently trading around 2686.1.
Short term trend is bullish as long as support 2630 holds. Any break below 2630 confirms minor weakness and a dip till 2590/2550/2530 likely. Any daily close below 2500 targets 2465/2437/2397. Any further bearish continuation only below 2330.
On the higher side near term resistance is around 2700 and any break above targets 2740 (200- day MA)/2800.
It is good to buy on dips around 2660-65 with SL around 2630 for the TP of 2740.
