Asian markets are trading mixed with Nikkei slightly weak on strong yen and improper inspection by automakers. Japanese automaker Mazda corp and Yamaha lost 1.3% and 6.1% respectively after it has submitted reports to Japan’s transport ministry that it has done improper test on fuel economy and emission. US markets closed slightly higher with Dow Jones 25583 (0.18% lower) and S&P500 2857 (0.03% lower).Shanghai has once again recovered after hitting low of 2692 almost a double bottom. The index jumped more than 100 points from the low. It is currently trading around 2793 1.78% higher. USD/JPY which is the main indicator of geo political tension is trading slightly lower on rising trade war tension . US futures is trading flat with Dow Jones at 25567 (0.11% higher) and S&P500 2855 (0.11% higher). Nikkei is currently trading around 22604 0.10% higher.
USD/JPY is trading lower after hitting high of 112.15 and is currently trading around 110.80 (0.14% lower).
On the lower side, index major support is around 22470 (55- day EMA) and any break below will drag the index down till 22350/22240/22000/21750.
The near term resistance is around 22800 and any convincing break above will take the index to next level till 23050/23200.
It is good to buy on dips around 22450-500 with SL at 22350 for the TP of 23040.


FxWirePro: GBP/NZD downside pressure builds, key support level in focus
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 



