NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
Short term trend – Bearish
Intraday trend –Bearish
Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 96.21
Kijun-Sen- 96.37
US Dollar index is trading weak for third consecutive days despite hawkish US Fed. The central bank has doubled the taper of bond buying, expected to raise rates three times in 2022. DXY hit a high of 96.90 after Fed monetary policy. The decline in US treasury yields is dragging the US dollar down below 96 levels. It hits an intraday low of 95.85 and is currently trading around 95.949.
The near-term resistance is around 96.25 any convincing break above confirms minor bullishness. A jump to 96.60/96.95 is possible. Short-term bullish continuation only if it breaks 97.
On the lower side, immediate support stands at 95.70 (200-4H MA), any indicative break below will take the index to 95.15/94.50.
Ichimoku analysis- DXY is trading below 4-hour Tenken-Sen, Kijun –Sen, and cloud.
Indicator (4 Hour chart)
CCI (50)- Bearish
Directional movement index –Bearish
It is good to sell on rallies around 96.12-15 with SL around 96.60 for a TP of 94.65.
