- Cable has shown a good recovery after hitting low of 1.3889 on Friday. The pair has broken major trend line resistance at 1.39760 and jump almost 30 pips from that level.US dollar pared all its gain made today morning and showing a minor weakness against all majors. The pair hits high of 1.40210 and is currently trading around 1.40215.
- Markets eyes US Fed monetary policy meeting which is to be released on Wed for further direction.
- Technically on the lower side, near term support is around 1.3940 (5- day MA) and any break below will drag the pair down till 1.3860/1.3800.
- The near term resistance is around 1.4030 and break above will take the pair till 1.4070/1.4140. The pair should break above 1.4070 for further upside.
It is good to buy on dips around 1.4000 with SL around 1.3940 for the TP of 1.4140.


FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/ZAR edges higher but bearish outlook persists
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
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: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



