Asian markets is trading higher especially Nikkei trading slightly lower. Nikkei pared most of its loss due to good recovery in Chinese stocks. Shanghai composite jumped more than 4% and recovered more than 150 points from the low of 2506.The geopolitical tensions between US and Saudi, Italy and Brexit are the major factors which is putting pressure on markets. US markets has closed slightly higher with Dow Jones 25444 (0.26% higher) and S&P500 2767 (0.04% lower) .Nikkei has recovered more than 300 points from the low of 22392. It is currently trading around 22653 0.53% higher. US futures is trading slightly higher with Dow at 25480 0.20% higher and S&P500 2770 (0.17% higher).
USD/JPY `has recovered more than 50 pips after hitting high of 112.17. The near term resistance is around 112.78 and any break above targets 113/113.48. It is currently trading around 112.51.
On the lower side, near term support is around 22300 and any break below 22030/21750.
The near term resistance is at aid 22680 (200- day MA) and any break above targets 23110/23500.
It is good to sell on rallies around 22725-750 with SL around 23000 for the TP of 22000.


FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD stuck in range but outlook is bullish
Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro: USD/ZAR edges higher, set to stay on back foot
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling
FxWirePro: AUD/USD climbs as US-Iran peace deal sparks risk rally
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 



