Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD steadies ahead key data, BoE event risk 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
- Harmonic Pattern Formed- Bearish Bat Pattern.
- Potential reversal Zone (PRZ) - 152.86.
- GBPJPY jumping for the past two trading session. The pair dipped till 148.90 on Oct 31st 2017 and jumped till 151.93 yesterday. It is currently trading around 151.30.
- The strong recovery in the Pound sterling was the main cause for jump in GBP/JPY. GBP jumped against all majors on speculation of rate hike by BOE in the monetary policy meeting today. Markets have priced 80% for a 25bpbs rate hike. But any dovish rate hike by BOE will prevent further drastic up move.
- On the downside, near term support is around 150.40 (4H Kijun-Sen) and any break below will drag the pair to next level till 149.95 (55- 4H EMA)/149.26 (233- 4H MA).
- The near term resistance is around 152.86 and any break above confirms bullish continuation. Any break above will take the pair till 155.
It is good to sell on rallies around 152-152.10 with SL around 152.90 for the TP of 150.40/149.95.
