FxWirePro-Major European Indices 
FxWirePro: GBP/USD gaining momentum for a move towards 1.3400 level 
FxWirePro- Crude Oil Daily Outlook 
FxWirePro- EURUSD Daily Outlook 
FxWirePro: GBP/AUD longs gain traction after strong UK retail sales data 
FxWirePro: AUD/ USD steadied around 0.6810 ,good to buy on dips 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ CAD continues to decline, downside risks persist 
FxWirePro- TAOUSD (Chart of the day) 
FxWirePro- Gold Daily Outlook 
FxWirePro:GBP/NZD longs gain momentum after UK retail sales data, scope for further gains 
FxWirePro: NZD/USD consolidating around 0.6240, room for further gains 
FxWirePro:USD/JPY rebounds after BOJ leaves rates steady,room for further gains 
FxWirePro- Nikkei 225 Daily Outlook 
FxWirePro- Silver Daily Outlook 
FxWirePro: USD/ CNY fresh wave of weakness targets 7.000 level 
Nikkei recovered slightly following the footsteps of US markets. It hit a low of 35116 yesterday and is currently trading around 36228.
The Japanese index was one of the worst performers the previous week on Yen strength. It gained strongly against all majors as recession fears have increased demand for safe-haven assets.
The index holds below short term (34 and 55 EMA) and long-term moving average (200- EMA) in 4 hour chart.
The near-term resistance is around 36600, any violation above will take the index to 37147 (50% fib)/ 37500/37695/38000. Overall bullish continuation only above 42550.
On the lower side, immediate support stands around 36000, any breach below will drag the index down to 35635/35000.
Indicator (4- hour chart)
CCI (14)- Bearish
CCI (50)- Bullish
Average directional movement Index - Neutral
It is good to sell on rallies around 37100-120 with SL around 37500 for TP of 35000.
