FxWirePro- Major European Indices 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/AUD moves lower on weak UK data 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Crypto levels and bias summary 
After whipsaws pattern for last four and half months, we see convincing upswings that jump above 7SMA and breach a resistance of 103.223 levels.
This week we are seeing a big candle with the bullish real body after the occurrence of hamper pattern is occurred at 101.279 levels on weekly terms.
While leading oscillators confirm buying momentum as both RSI and stochastic evidence positive convergence to the rallies on weekly plotting.
On a broader perspective, the trend has still been moving in sideways after bearish rout for almost 1 year or so, the prices are holding stronger at 100.389 levels.
Upside potential in the pair capped at 21EMA (upside range in whipsaws and 21EMA), short-term sentiments are bullish bias.
Downside likely find support at 101.747 mark, the break below could see the retest of recent lows of 100 and below targets.
On data front, the US unemployment rate is the major focus for the day, and have disappointed the streets by missing forecasts.
On a broader perspective, the major downtrend still appears to be intact as the price declines in the sloping channel but holding stronger for now.
Trade tips:
One can go long in near month futures for targets of 104.705 levels with a strict stop loss of 103.223 levels.
Well, on an intraday trading perspective, boundary options with higher strikes of 104.189 levels and lower strikes at 103.223 levels are fairly suitable but in long run, this is certainly not yet an ideal time for fresh longs.
