- Major resistance - 16985 (100 day EMA)
- Major support - 16425 (10 day EMA)
- Nikkei index has declined yesterday after making a high of 16805 at the time of writing.It is currently trading around 16459.
- Short term trend is slightly weak as long as resistance 17000 holds.
- The index major resistance is around 17000 (100 day EMA) and any break above will take the index to next level 17300/17525.
- On the lower side major support is around 16425 (10 day EMA) and break below will drag the index down till 16350/16000/15800 in short term.The minor support is at 16500.
- Short term trend reversal can be seen only below 15000.
It is good to sell on rallies around 16750-800 with SL around 17000 for the TP of 16350.


FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/USD dips lower on negative UK retail sales data 



