GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
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 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro: GBP/AUD moves lower on weak UK data 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
Chart and candlestick patterns occurred: Dragonfly doji has occurred at 147.821 levels to bottom out when price dips were countered by bulls last week.
Ever since the occurrence of this bullish pattern, the rallies take off rallies above 7DMAs both momentum oscillators substantiate bullish sentiments, trend indicators indecisive but bearish bias (refer daily chart).
While the intermediate trend spikes through rising channel (refer weekly chart), where shooting star candle occurs at channel resistance and evidences considerable slumps below DMAs but cushions at channel support.
For now, as the bulls have tested the strong support at channel baseline, consequently, the bulls are likely to extend rallies. But the same is not cushioned by technical indicators.
Both RSI and stochastic oscillator on weekly terms have been converging downwards that indicate strength and momentum in the selling sentiments.
While MACD substantiates bearish interests, signals extension of price slumps.
Trade tips:
On speculative grounds, at spot reference: 148.440 levels, we advocate buying one-touch call options choosing upper strikes at 149 levels.
Alternatively, one can add shorts in futures contracts of mid-month tenors with a view to arresting potential downside risks.
Currency Strength Index: FxWirePro's hourly GBP spot index is flashing 6 (which is neutral), while hourly JPY spot index was at 11 (neutral), while articulating (at 09:47 GMT). For more details on the index, please refer below weblink:
http://www.fxwirepro.com/currencyindex.
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