- Nikkei has slightly recovered after showing a minor decline below 200- day MA . The index has shown a minor selling from the high on account of global equities sell off and strong yen. The index has declined till 19269 and is currently trading around 19422 0.45% higher.
- USD/JPY has slightly recovered after hitting low of 108.60 yesterday. It should close above 100- MA at 111.21 in the daily chart for minor bullishness. It is currently trading around 109.24.The major short term support is around 108 and any break below targets 106.
- On the lower side, index major support is around 19320 (200-day MA) and any close below will drag the index down till 19000 (61.8% retracement of 18193 and 20319)/18500.
The near term resistance of Nikkei is around 19672 (100- day MA) and break above will take the index to 19735 (21- day EMA)/20000/20319 (Jun 20th 2017).Short term bullish invalidation only below 19275.
It is good to sell on rallies around 19550-19600 with SL around 19850 for the TP of 19320/19000


FxWirePro- Woodies Pivot(Major)
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro- Major Crypto levels and bias summary 



