Asian markets are trading higher especially China’s CSI300 jumped more than 1% after MSCI announced to quadruple weighting of China mainland shares.Nikkei has recovered more than 350 points from low of 21288 .US GDP data came at 2.6% at an annual rate in the final three months compared to forecast of 2.2% as business investment picks up.US market has closed slightly lower with Dow Jones at 25916 (0.27% lower) and S&P500 2784 (0.28% lower). USDJPY has recovered sharply and has jumped more than 130 pips in two trading session.It hits high of 111.77 and is currently trading around 111.68.
On the lower side, near term support is around 21450 (200-H MA) and any break below targets 21300 (300- H EMA)/21000/20800.The index should break below 20800 for further direction.
The near term resistance is at 21650 and any break above targets 21918/22200.
It is good to buy on dips around 21350-400 with SL around 21180 for the TP of 22000.


FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: AUD/USD gains some ground but outlook is bearish
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low 



