FxWirePro Currency Strength Index for USD/JPY: Bias Bearish
FxWirePro's Hourly USD Spot Index was at -93.9176 (Bearish)
FxWirePro's Hourly JPY Spot Index was at 145.18 (Bullish)
Technical Analysis: Bias Bearish
- Price action capped below 21-EMA which is stiff resistance at 106.81
- RSI below 50 levels and biased lower
- Stochs are biased lower, momentum bearish
- -ve DMI dominance and MACD well below zero levels
Support levels - 105.25 (Mar 2 low), 105 (major trendline), 104, 103.04 (78.6% Fib)
Resistance levels - 106.41 (5-DMA), 106.81 (21-EMA), 107
Recommendation: Good to go short on rallies around 106/ 106.10, SL: 106.60, TP: 105.55/ 105.25/ 105.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD edges lower, bearish outlook persists
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next?
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD gains slightly, but downward resumption looks likely
Crypto Action Bias: BNB/USD Leads Bullish Momentum as Major Pairs Neutralize
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 



