- Hawkish comments from Fed’s Yellen on Friday has triggered broad-based USD rally.
- USD/JPY open Monday with a 25-pip bullish gap and is trading 0.48 pct higher on the day around 102.23.
- The pair has broken 20-DMA and momentum has turned bullish. Stochs, RSI and CCI indicate further upside in the pair.
- Scope for test of 50-DMA at 102.75, violation there could see test of major trendline resistance at 104.80.
- Supports on the downside are seen at 101.41 (23.6% Fib), 101.06 (20-DMA) and 100.87 (Aug 5 low).
- US personal spending and income report due later today will be in focus for further direction.
Recommendation: Good to buy dips around 102 levels, SL: 101, TP: 102.75/ 103/ 103.50


FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 



