Ichimoku analysis (hourly chart)
Tenken-Sen- 144.66
Kijun-Sen - 144.80
GBPJPY is consolidating after a major sell -off. The pair declined more than 350 pips on account of Brexit uncertainty. UK PM is expected to travel to Brussels today to discuss the trade. Markets eye BOE Governor testimony on inflation report hearings before UK Parliament Treasury Committee today. GBPJPY hits low of 144.24 and is currently trading around 144.98.
On the lower side, near term major support is around 144.24 low made yesterday and any convincing break below targets 143.85/143. Any break below 142.77 low made on Oct 26th 2018 confirms further bearishness.
The near term minor resistance is around 145.48 (23.6% fib) and any violation above targets 146.13 (Kijun-Sen)/146.35 (89- day EMA). The pair downside trend will be completed only if break above 149.70.
It is good to sell on rallies around 145.45-145.50 with SL around 146.10 for the TP of 143.


FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro- Major Crypto levels and bias summary
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro- Woodies pivot (Major)
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges 



