Ichimoku Analysis
Tenken-Sen- 109.45
Kijun-Sen- 109.51
USDJPY is trading in a narrow range between 109.70 and 109.20 in the past 3 trading days. The pair is in a bullish trend for the past 2 weeks and surged more than 100 pips after hitting a low of 108.42. The overall trend is slightly on the higher side as long as support 108.30 holds. It is currently trading around 109.55.
Technically, near term support is around 109 (200- H MA) and any violation below will drag the pair down till 108.30/107.80 Any break beneath 107.80 targets 106.50.
On the higher side, major resistance is at 109.77 (200-W MA), the breach above will take the pair to the next level 110/110.60.
It is good to buy on dips around 109.325-30 with SL around 109 for the TP of 110.


FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: AUD/USD firms slightly, but downward resumption looks likely
FxWirePro: AUD/USD holds narrow range, focus on near-term support
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro: USD/ZAR erases early gains ,looking vulnerable
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro- Woodies pivot (Major)
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
FxWirePro: GBP/AUD eases slightly but trend is still bullish
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown 



