FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Ichimoku Analysis (Hourly Chart)
Tenken-Sen- 147.89
Kijun-Sen- 147.77
GBPJPY took support near 55- H EMA and shown a nice recovery of more than 50 pips on the strong Pound sterling. GBPUSD crossed 1.40 level as coronavirus vaccination roll out and easing lockdown restrictions in London. The weak UK retail sales have dragged the pound sterling from higher levels.USDJPY downside capped by 200- H MA, major up move only above 106.40. The intraday trend of GBPJPY is bullish as long as 147.20 holds.
Technical:
The pair is trading above significant resistance at 147.95, a jump till 150/151.20 possible. On the lower side, near-term support is around 147.50. An indicative break below will drag the pair down to 147.20/146.80/146.30. Significant trend reversal only below 144. A violation below will drag the pair to 142.80.
Indicator (Hourly chart)
CAM indicator –Bullish
Directional movement index – bullish
It is good to buy on dips around 147.75-80 with SL around 147.20 for the TP of 150.
