FxWirePro- Major Crypto levels and bias summary 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro- Major European Indices 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Despite ongoing rallies of EURJPY, the current prices are restrained below DMAs.
Chart and candlestick pattern formed – Shooting star and gravestone doji pattern candles have occurred at stiff resistance levels of 133.087. You can easily make out their bearish effects.
Bulls attempt to bounce back but these bearish patterns seems to be having more bearish potential as both the leading oscillators still shows downward convergence (refer daily plotting).
While intraday bullish sentiments can be encouraged upto next stiff resistance 130.3497 and 130.479 levels.
Whereas the bulls in the major trend cushioned at 21-EMAs and bouncing back, hanging man followed by bearish engulfing patterns hamper sustenance above 61.8% Fibonacci retracements of Dec-2014 highs (monthly plotting).
Both leading indicators on this timeframe signal overbought pressures, the consolidation phase heading again towards 50% Fibonacci retracements
The major resistances are observed at 132.424, 131.4310 and 129.828 levels, the strong supports are seen 129.265 levels, any failure swings at 7DMA levels would resume the bearish swings upto this support area.
Trade tips: On trading perspective, at spot reference: 130.198 levels, it is advisable to buy boundary binaries using upper strikes at 130.3479 and lower strikes at 129.265 levels, the strategy is likely to fetch leveraged yields as long as underlying spot FX remains between these two strikes before the binary expiry duration.
Alternatively, deploy shorts in futures contracts of mid-month tenors with a view to arresting potential dips.
Currency Strength Index: FxWirePro's hourly EUR spot index is flashing at -19 levels (which is mildly bearish), while hourly JPY spot index was at -103 (highly bearish) while articulating at 05:38 GMT. For more details on the index, please refer below weblink:
http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit:
