- Major resistance-170159 (Sep 2nd 2016 high).
- Nikkei225 breaks temporary top at 17159 and jumped till 17189 from that level.Japanese index is rising sharply for the past three trading session continuosly on account of weaker Yen.It is currently trading around 17159.
- Technically in the daily chart the index has slightly declined till 16954 and started to jump from that level. Minor weakness can be seen only below 16895 (7- day EMA).
- On the higher side, resistance is around 17000 and any break above targets 17159 (Sep 2nd 2016 high)/17322 (161.8% retracement of 17062 and 16641)/17420 (trend line joining 16930 and 17159)/17695.
- The major support is around 16895 (7- day EMA) and any break below targets 16755 (21- day MA)/16640.
It is good to buy on dips around 17100 with SL 16985 for the TP of 17322/17695.


FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 



