AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD edges lower, remains on back foot 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.27279
Kijun-Sen- 1.27102
The pair was one of the best performers and surged more than 300 pips on board-based US dollar buying. The upbeat US economic data and surging US Treasury yields are supporting the US dollar index. Markets eye US Fed monetary policy data for further direction. It hits a high of 1.28190 and is currently trading around 1.28116. The overall trend remains bullish as long as support 1.2720 holds.
The reasons for the jump are
The decline of more than 3.5% in WTI crude oil price due to risk aversion.
The spread of delta variant coronavirus.
Intraday Trend –Bullish
The near-term resistance is around 1.2820, a breach above targets 1.2860/1.2900/1.29490 (Aug 20th, 2021). On the lower side, immediate support stands around 1.2760; violation below will take the pair down to the next level 1.2720/1.2660.
It is good to buy on dips around 1.2780 with SL around 1.2720 for a TP of 1.2950.
