FxWirePro- Buy SOLUSD on dips (Trend line breakout) 
FxWirePro- Buy Gold on dips 
FxWirePro: GBP/USD climbs as dollar drops after Fed cuts rates by half a percentage point 
FxWirePro: EUR/AUD falls To two-week low with plenty more downside potential 
FxWirePro- EURUSD trades above trend line resistance after a surprise 50 bpbs rate cut by Fed, good to buy on dips 
FxWirePro: AUD/ USD gains as upbeat Australian jobs data helps longs take control 
FxWirePro- Major Pair levels and bias summary 
FxWirePro-USDCHF Daily Outlook 
FxWirePro- BNBUSD Daily Outlook 
FxWirePro- EURJPY Daily Outlook 
FxWirePro- GBPJPY Outlook (Post BOE monetary policy) 
FxWirePro:EUR/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD extends gain, as pound firms after BoE hold 
FxWirePro: NZD/USD maintains upside momentum, eyes 0.6300 level 
FxWirePro- Buy BTCUSD on dips 
FxWirePro- Woodies Pivot Point (Major pairs) 
FxWirePro- Major Pair levels and bias summary 
Nikkei gained sharply due to a dovish 50 bpbs rate cut by the Fed. It hits a high of 37400 at the time of writing and is currently trading around 37262.
Fed cuts rates by 50 bpbs to 4.75%-5%. It signals towards two to three 25 bps cuts in the next two meetings of 2024.
The central bank mentioned that Job gains have slowed and inflation is moving towards a fed target of 2% but remains slightly elevated.
The index holds below the short-term 34 and above 55 EMA and below the long-term moving average (200- EMA) in 4 hour chart.
The near-term resistance is around 37500, any violation above will take the index to 37500/37695/38000. Overall bullish continuation only above 42550.
On the lower side, immediate support stands around 36600, any breach below will drag the index down to 36360/36175/36000/35870. Further bearishness is only below 35000.
Indicator (4- hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Neutral
It is good to buy on dips around 37000 with SL around 36600 for TP of 38000.
