FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
FxWirePro: USD/JPY catches bid ahead of BoJ meeting 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro-Major European Indices 
FxWirePro- Major Pair levels and bias summary 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
Please go through below weblink where we’ve demonstrated the bullish potential offered by the hammer pattern occurred on weekly plotting before we proceed further:
Bulls have tested strong supports at 1.3522 levels and spiking constantly 5 days in a row, in this process, shooting stars have occurred at 1.3558 levels (refer 4H charts).
The rallies are shrugging-off this bearish pattern but restrained below stiff resistance @1.3585 levels, the current prices are well above DMAs, while both leading indicators to favor buying interests.
On a broader perspective, the current has still been spiking through rising channel pattern (on weekly plotting), testing support hovering at 7EMAs and hammer pattern candlestick still intensifies the bull rallies.
Hammer has occurred on this timeframe, as a result, the upswings have spiked well above EMAs with bullish crossover, both leading & lagging oscillators converge upwards (weekly charts), coupled with the fact that the intermediate trend and major trend has gone into the consolidation phase, we foresee most likely price spikes further.
You could still see as and when the price touches channel support, sharp spikes are seen upon hammer pattern candlesticks (weekly plotting).
For now, more upside potential is foreseen as the current prices testing support at 7EMAs.
On the flipside, the major stiff resistances are seen at 1.3652 levels. But both the leading oscillators have been constantly converging upwards on monthly terms to signal strength in rallies.
Trade tips: On an intraday speculative basis, we advocate one touch binary call option to leverage yields.
Currency Strength Index: FxWirePro's hourly GBP spot index is inching towards 74 levels (which is bullish). Hourly USD spot index was at shy above -42 (bearish) while articulating (at 06:13 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:
