Nikkei225 broken the previous high of 19653 and jumped slightly from that level. The slight recovery in yen has dragged the price down from the high of 19673. It is currently trading around 19498 0.64% lower.
•USD/JPY has once retreated from the high of 118.66 and is trading now at 116. Any break below 116 will drag the pair till 115.
•Technically index major support stands at 200- 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 19430 (55-H EMA) and any break below will drag the index down 19350 (200- HMA)/19218)/19090 (61.8% retracement of .
•The index should break below 18000 for further weakness.
It is good to buy on dips around 19500 with SL around 19295 for the TP of 19650/20000.


EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro- Major US Indices
FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 



