Ichimoku Analysis (4-Hours chart)
Tenken-Sen- 135.50
Kijun-Sen- 136.68
GBPJPY has shown a massive sell-off yesterday and lost more than 200 pips on yen strength. The increase in the number of new coronaviruses in the U.S confirms that chance of the second wave of the virus is high. This has increased demand for Safe-haven assets like yen. USDJPY hits 1-month low at 106.57 and shown a recovery till 107.33.
From the 4-hour chart, it shows that the pair is trading below 55 –day EMA at 135.90. Any break below 133.20 (200-4H MA) will drag the pair down till 131.78. On the higher side, strong resistance is at 135.25, and the violation above will take the pair to 135.87/136/136.68.
It is good to sell on rallies around 135.25-30 with SL around 136 for the TP of 133.20.


JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: AUD/USD dips below lower range, bearish bias increases
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro : GBP/NZD strongly bearish despite upside attempts
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro:EUR/NZD gains some upside momentum but still bearish
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/USD rises as soft US data pressures dollar 



