Nikkei225 has once again retreated after jumping till 19563.The slight recovery in yen has dragged the price down till 19338. It is currently trading around 19438 0.03% higher.
•USD/JPY has once retreated from the high of 118.66 and has broken major support 116. Any break below 116 will drag the pair till 114.50.
•Technically index major support stands at 100- HMA and any break below will confirm further weakness.
•On the higher side, major resistance is around 19653 (Dec 20th high) and any close above will take the index till 20000/20280 in the short term.
•The index immediate support is at 19350 (200-H EMA) and any break below will drag the index down 19300 (100 -HMA)/19218)/19090 (61.8% retracement of .
•The index should break below 18000 for further weakness.
It is good to sell on rallies around 19500 with SL around 19700 for the TP of 19300/19090.


Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: GBP/NZD edges up, remains on front foot
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro- Major European Indices
FxWirePro: USD/ZAR continues to recovers , upside pressure builds
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 



