Major Intraday resistance -150.20
Intraday support- 149.50
GBPJPY has formed a double bottom around 149.17 and shown a nice pullback. It hits an intraday high of 150.11 and is currently trading around 150.05. The intraday trend of GBPJPY is bullish as long as resistance 149.15 holds.
USDJPY- Analysis
The pair is still trading below 110 levels on risk aversion. The overall trend is bearish as long as resistance 110.80 holds.
CCI Analysis-
Both CCI (50) and Woodies CCI is above the zero lines. In Woodies CCI six consecutive bars above zero confirms intraday bullishness.
Technical:
The pair's immediate resistance is around 150.20, any surge above targets 150.80/151.30/152/152.85/153.50. Significant bullish continuation if it breaks 153.50. On the lower side, near-term support is around 149.80. Any indicative violation below targets 149.40/149.15/149.
Indicator (1-Hour chart)
Directional movement index –Neutral
It is good to buy on dips around 149.95-150 with SL around 149.40 for a TP of 150.80.


FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Major Pair levels and bias summary
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 



