Asian markets are trading mixed with slight decline in Nikkei . The slight decline in index was led by chip related stocks following foot steps of US. Markets eye US- China trade talks. The wall street journal has reported that the talks between US and China is expected to take place on Aug 21st and 22nd. US markets closed higher with Dow Jones 25669 (1.58% higher) and S&P500 2850 (0.33% higher).Shanghai has broken major support 2690 low made on Jul 2018.It hits low of 2658 at the time of writing. US futures is trading flat with Dow Jones at 25692 (0.09% higher) and S&P500 2849 (0.02% higher). Nikkei is currently trading around 22198 0.21% lower.
USD/JPY has lost nearly 70 pips from the high of 111.05. It is currently trading around 110.55 (0.08% higher).
On the lower side, index major support is around 21750 and any break below will drag the index down till 21460/21200.
The near term resistance is around 22382 (200- day MA) and any convincing break above will take the index to next level till 22438 (10- day MA)/22800/23040.
It is good to sell on rallies around 22200-250 with SL at 22435 for the TP of 21760/21500.


FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro- Major Pair levels and bias summary
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



