FxWirePro: AUD/USD edges lower, but bullish outlook persists 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro- Major Pair levels and bias summary 
GBPJPY gained more than 150 pips after forming a minor bottom around 207.56. It hits an intraday low of 208.97 and is currently trading around 209.95.
|
Technicals |
CMP -209.17 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
209.13 |
CMP > value |
Bullish |
|
200- EMA |
210.98 |
CMP less than value |
Bearish |
|
365- EMA |
211.49 |
CMP more than value |
Bullish |
Major support- 207.75/206.75/205.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
above zero line (bullish) |
-154 |
|
ADX |
Neutral |
Strength declined from 20.73 to 19.81. |
It is good to sell on rallies around 209.55-57 with SL around 210.50 for a TP of 207.55/206.
