On board-based yen weakness, GBPJPY reaches a new year high. The intraday trend is positive as long as support 210 remains. As of publishing, it is trading around 212.21; its intraday high is 212.38.
Oscillators and moving averages to forecast the trend of GBPJPY
CMP- 212.193
EMA (1- hour chart)
55-EMA- 211.51
200-EMA- 211.08
365-EMA- 210.47. The pair trades below the short (55- EMA) and above long-term moving average(365 EMA and below 200 EMA).
Major Support- 211.50. Any breach below will drag the pair down 211/210.54/209.70/209/208.60/207.95/207.20/206.75.
Major resistance - 212.50. Any break above confirms minor bullishness, a jump to 213/214/215.18 is possible.
Indicator (4-hour chart)
CCI (50)- Bearish
Average directional movement Index- Bearish. All indicators confirm a bearish trend.
It is good to buy on dips around 211.50 with SL around 210.50 for a TP of 214.


Bitcoin Eyes $90K as $3B ETF Inflow Streak Overpowers Hawkish Fed
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot (Major)
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro: GBP/NZD trades flat as markets await warsh’s jackson hole speech
FxWirePro: NZD/USD edges higher ahead of Jackson hole warsh speech
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance
Major Pair Currency Score: AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro- Woodies Pivot (Major)
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD extends decline, vulnerable to more downside 



