Demand for the dollar pulled the pound sterling down, causing GBPJPY to lose most of its gains. Today hits an intraday low of 211.43; now it is trading at about 211.60.
|
Technicals |
CMP -211.60 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
213.29 |
CMP <value |
Bearish |
|
200- EMA |
213.44 |
CMP <value |
Bearish |
|
365- EMA |
212.74 |
CMP >value |
Bearsih |
Major support-211.30/210.40/209.80/209. Major resistance 212.50/213.60/ 214/214.50/ 216/217/218.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bearish |
-202.80 |
|
ADX |
Bearish |
Strength increased from 28.37 to 36.57 |
It is good to sell on rallies around 212 with SL around 213 for a TP of 210.


FxWirePro: USD/JPY holds firm but remains capped below 158.00
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/ NZD gains some upside momentum but still bearish
FxWirePro: USD/JPY up trend gains momentum but hurdles ahead
Yen Retreats: AUDJPY Hits Three-Day Winning Streak as Bullish Momentum Surges
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD edges higher but bulls lack punch
FxWirePro: GBP/NZD edges higher but bias is bearish
FxWirePro: AUD/USD eases slightly as focus shifts to US-China meeting
FxWirePro:USD/CAD bulls continue to hold the higher ground
Bitcoin Holds Steady Near USD 80k as the CLARITY Act Heads for a Decisive Senate Vote
FxWirePro: USD/ZAR gains some upside as rand weakens after sour local jobs data
FxWirePro: GBP/AUD slips lower amid heightened UK political uncertainty
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD soured risk gives US Dollar bulls the win
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 



