FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
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NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
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FxWirePro- Woodies Pivot(Major) 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play 
GBPJPY trades higher for the third consecutive day on board-based buying of the Pound sterling. Today it hits an intraday high of 213.15; now it is trading at about 212.89.
|
Technicals |
CMP -213 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
211.52 |
CMP >value |
Bullish |
|
200- EMA |
211.40 |
CMP >value |
Bullish |
|
365- EMA |
210.79 |
CMP >value |
Bullish |
Major support- 212.30/211.80/211.30/210.40/209.48/208. Major resistance 213.31/214.50/215.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
143.77 |
|
ADX |
Neutral |
Strength increased from 19.83 to 26.26 |
It is good to buy on dips around 212.28-30 with SL around 211.30 for a TP of 215.
