GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
FxWirePro: GBP/USD falls to two-day low, scope for further downside 
FxWirePro- Major Crypto levels and bias summary 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ NZD stuck in range but outlook is bearish 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 
Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
GMMA Indicator
- Major and minor trend are strongly bearish on daily and intraday charts
Ichimoku Analysis
- Price action is well below the daily cloud
- On the weekly charts, the pair has closed below the weekly cloud
Oscillators
- Momentum is strongly bearish
- Oversold conditions may see some pullbacks
Bollinger Bands
- Bollinger bands are wide spread
- Volatility is high
Major Support Levels: 0.7104 (Lower BB), 0.70 (Oct 2020 low), 0.6991 (Nov 2020 low)
Major Resistance Levels: 0.7171 (5-DMA), 0.72 , 0.7221 (200H MA)
Summary: AUD/USD trades with a strong bearish bias. Minor pullbacks likely on account of oversold conditions. Scope for test of fresh multi-month lows.
