FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major European Indices 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
Short-term resistance -155.30
Intraday Support- 154
GBPJPY hits two week low on strong yen. The yen gained against all majors on geopolitical tension. Russia has announced military operations against Ukraine have decreased demand for riskier assets. The pound sterling trades below 1.3500 levels as NATO officially announced the Russian invasion of Ukraine. Any breach below 1.34800 confirms further bearishness. The intraday trend of GBPJPY is bearish as long as resistance 155.30 holds. GBPJPY hits an intraday low of 154.41 and is currently trading around 154.77.
USDJPY- Analysis
The pair tumbles below 1115 on an escalation of Russia and Ukraine geopolitical tension. The intraday bearishness if it breaks 114.50
CCI Analysis-
The CCI (50) and Woodies CCI hold below zero levels in the 4 -hour chart. It confirms the bearish trend.
Technical:
The immediate resistance is around 155.30, any break above targets 156/156.80/157.30. Significant bullish continuation if it breaks 158.50. On the lower side, near-term support is at 154. Any indicative violation below targets 154/152.90/151.95/150.
Indicator (4-Hour chart)
Directional movement index –Bearish
It is good to sell on rallies around 154.75-80 with SL around 155.35 for a TP of 153.
