Nikkei is trading higher for 2nd consecutive day following footsteps of Wall Street.US markets is trading higher and jumped more than 3.5% in three days on rate cut hopes and slight optimism on US-Mexico trade deal. US has added 27000 private sector jobs in May compared to forecast of 185k vs 271000 jobs in Apr. US 10 year yield jumped more than 4% and spread between 3 month and 10 year slightly reduced from 25 basis point to 22 basis point. The index is consolidating after hitting high of 20878 and is currently trading around 20828.
On the higher side, near term resistance is around 20898 (200-H MA) and any violation above will take the index to next level till 21287/21480.
The near term support is around 20680 and any convincing break below will drag the index down till 20458/20288.
It is good to buy on dips around 20600-625 with SL around 20350 for the TP of 21000/21280.


BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage
FxWirePro: GBP/NZD stuck in range but outlook is bullish
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major European Indices
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent?
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 



