- Nikkei225 declined sharply after making a high of 17062.It has closed slightly below psychological level 17000 yesterday.Japanese index has made a low of 16812 yesterday and recovered slightly from that level. It is currently trading around 16902.
- Technically in the daily chart the index faces support at 10- day MA at 16740 and so any minor weakness can be seen only below that level.
- On the higher side, resistance is around 17159 (Sep 2nd 2016 high) and any break above targets 17300/17500.Nikkei should break above 17159 for further bullishness.
- The major support is around 16676 (daily Kijun-Sen) and any break below targets 16543 (200-day MA).
It is good to buy on dips around 16900 with SL 16700 for the TP of 17150/17300.


FxWirePro- Major European Indices
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance
FxWirePro: AUD/USD downside pressure builds, key support level in focus
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
FxWirePro: USD/CNY gains some ground but bearish outlook persists
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: USD/JPY holds range near 160 as intervention risks loom
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: GBP/NZD range to extend until there is game changing news
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 



