NZDJPY on the Edge: Sell the Bounce as Bears Regroup Below Key EMAs 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
AUDJPY Bears Regroup: Sell Rallies as Trendline Bounce Fades 
Bitcoin Downtrend Firm: Narrow Consolidation ~$68,710 After Asian Session Ends Weak, No Rebound 
FxWirePro: NZD/USD bulls lose traction, cannot add to overnight gains 
FxWirePro: GBP/AUD recovers slightly, upside limited 
FxWirePro: USD/CAD inches higher, set to stay on back foot 
NZDJPY Bears Reload: Sell the Rally as Pullback Stalls Near Key Resistance 
FxWirePro AUD/USD creeps higher, RBA minutes may rekindle rally 
FxWirePro: USD/ZAR gains some ground but outlook still bearish 
Double Bottom Magic: AUD/JPY Eyes 110.78 Breakout After Perfect Pullback 
GBPJPY Bottoms Out at 207.56: 150-Pip Surge Signals Sell-on-Rallies Trap 
FxWirePro : GBP/NZD hovers around 2.2575 downtrend looks likely to resume 
FxWirePro: USD/JPY gains as yen weakens on soft Japan’s Q4 GDP data 
FxWirePro- Major Pair levels and bias summary 
EURUSD trades below minor trend line support after a long consolidation. It hits an intraday low of 1.18240 and is currently trading around 1.18289.
|
Technicals |
CMP -1.18285 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
1.18548 |
CMP < value |
Bearish |
|
200- EMA |
1.18590 |
CMP < value |
Bearish |
|
365- EMA |
1.18442 |
CMP < value |
Bullish |
Major support- 108/106.85/106.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-164.53 |
|
ADX |
bearish |
Strength increased to 27.62 from 26 |
It is good to sell on rallies around 1.18300-325 with SL around 1.1865 for a TP of 1.1765.
