FxWirePro- Major Crypto levels and bias summary 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
EUR/JPY Poised to Slide — Sell Rallies into 185.30 with Eye on 183" 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone 
FxWirePro:EUR/NZD extends fall, key support lies ahead 
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral 
For the fifth straight day on board-based yen weakness, GBPJPY trades upward. Having reached an intraday high of 212.89, it's currently buying and selling around 212.80.
|
Technicals |
CMP -212.80 |
Trend |
|
|
4- Hour chart |
Value |
|
|
|
55 EMA |
212.05 |
CMP> value |
Bullish |
|
200- EMA |
211.06 |
CMP > value |
Bullish |
|
365- EMA |
210.74 |
CMP > value |
Bullish |
Major support- 212.35/211.50/211/210.70/210/209.48/208. Major resistance - 212.40/213.15/214
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
Bullish |
153.51 |
|
ADX |
Neutral |
|
It is good to buy on dips around 212.38-40 with SL around 210.50 for a TP of 214.
