Pound Under Pressure: GBPJPY Pauses Five-Day Rally for Tactical Profit Booking 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
AUDJPY Bullish Momentum Pauses: Profit Booking Offers Fresh Entry Window Near 112.50 
FxWirePro: USD/ZAR uptrend resumes rise toward key fibo 
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists 
FxWirePro: USD/ZAR rebounds strongly, upside pressure builds 
FxWirePro: USD/JPY edges up, remains on front foot 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias 
FxWirePro: AUD/USD softens slightly, but remains bid overall 
FxWirePro -Major European Indices 
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows 
Sterling Surge: GBPJPY Eyes 214.00 as Yen Weakness Fuels Five-Day Rally 
FxWirePro: GBP/AUD under pressure , knocking on door of key support 
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18 
AUDJPY pared most of its gains as the yen gained momentum. It hits an intraday low of92.69 and is currently trading around 108.82.
|
Technicals |
CMP -108.83 |
Trend |
|
|
1- Hour chart |
Value |
|
|
|
55 EMA |
109.56 |
CMP is less than value |
Bearish |
|
200- EMA |
109.14 |
CMP is less than value |
Bearish |
|
365- EMA |
108.43 |
CMP is more than value |
Bullish |
Major support- 108/106.85/106.
|
Momentum indicator |
Inference |
Value |
|
CCI(50) |
below zero line (bearish) |
-94 |
|
ADX |
Bearish |
Strength 40.86 |
It is good to sell on rallies around 109.28-30 with SL around 110 for a TP of 106.
