- Nikkei225 has recovered sharply till 16510 from the low of 16253 made at the time of writing.It is currently trading around 16495.
- Short term trend is slightly bullish as long as resistance 17000 holds.
- Technically in the daily chart the index is trading well below Kijun-Sen (16735) and well above Tenken-Sen (16615).It should break above 10- day MA for slight bullishness.
- On the higher side, resistance is around 16525 (10- day MA) and any break above targets 16616 (daily Tenken-Sen)/16737 (daily Kijun-Sen)/ 17000/17159.Nikkei should break above 17159 for further bullishness.
- The major support is around 16250 (38.2% retracement of 14823 and 17159) and any break below targets 16000.
It is good to buy on dips around 16400 with SL 16250 for the TP of 16730/16800


Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 



