EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
AUDJPY trades below 110 as the Australian dollar lost its shine. It hits an intraday low of 109.51 and is now trading around 109.69.
|
Technicals |
CMP -109.69 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
110.12 |
CMP< value |
Bearish |
|
200- EMA |
110.912 |
CMP <value |
Bearish |
|
365- EMA |
111.12 |
CMP<value |
Bearish |
Major support- 110.35/109.80/109.
Major resistance- 111.40/112/112.60/113/114/115/116.25
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-153 |
|
ADX |
Bearish |
Strength increased from 15.38 to 21.20 |
It is good to sell on rallies around 110 with SL around 111 for a TP of 108.
