FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
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FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD edges lower, but bullish outlook persists 
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Gold Loses Steam After Strong U.S. Retail Sales 
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GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro- Woodies pivot (Major) 
Recent price action on world's equity markets, and bids on Yen indicating that Bears are still hovering. Concerns over further slowdown in China hasn't totally ebbed and it is going to be the hottest topic in this week's G20 leaders' summit followed by rate hike bets by US Federal Reserve.
Yen is now trapped under two forces, while central banks' policy divergence is likely to push Yen against Dollar, for which we had initiated long call few days back to target area of 124.5 and with stop around 116, recent low and critical support.
Though our call hasn't soured as stop loss remains quite far, we are temporarily withdrawing the call looking at recent price action and better risk reward.
Trade idea
- Sell USD/JPY with target around 114.5 area and stop loss around 121.6-122 area. We are expecting further turmoil in financial market.
Kindly note we are not in favor of this position beyond stop loss if risk aversion subsides.
