CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
- Candle stick pattern –Bearish Engulfing pattern (Weekly chart).
- Cable has shown huge decline almost more than 350 pips in previous week and is continuing its bearish in this week. The pair has formed bearish engulfing pattern in the weekly chart and momentum indicator also showing bearish divergence.
- Fundamentally economic data such as UK employment, CPI and retail sales came slightly weaker than expected. The dovish comment by BOE Carney confirms slight delay in the rate hike by BOE.
- The pair’s near term major support is around 1.3915 (50% fibo) and any break below will drag the pair down till 1.3860/1.3800. Short term bullish invalidation only below 1.3700.
- On the higher side, near term resistance is around 1.4010 (10- W MA) and any break above will take the pair till 1.4050 (7- W EMA)/1.4100.
It is good to sell on rallies around 1.3990-95 with SL around 1.4050 for the TP of 1.3915/1.3865.
