- Nikkei is continuing its third week of bullishness and jumped more than 500 points in this week. The index showing a good strength on account of yen weakness and strong earnings from US market. The yen declined sharply against all majors especially against USD. US markets Dow jones and S&P500 has recovered more than 2.5% this week from the low.US futures is trading slightly weak with Dow jones at 24305 (0.03% lower) and S&P500 2668 (0.18% lower).It is currently trading around 22457 0.20% higher.
- USD/JPY is consolidating after hitting high of 109.46. Any break above 109.46 confirms further bullishness and a jump till 110.25 likely.
- On the lower side, index major support is around 22300 (55- H EMA) and any break below will drag the index down till 22128 (200- H MA)/21697 (Apr 13th low).
- The near term resistance is around 22530 and any break above will take the index to next level till 22694 (61.8% fibo)/23000.
It is good to buy on dips around 22000-050 with SL at 21840 for the TP of 22500/22680.


FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY edges higher, outlook bearish
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch 



