FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD downside pressure builds, key support level in focus 
FxWirePro:EUR/NZD extends losses, as kiwi dollar firms 
FxWirePro- Crude oil Daily Outlook 
FxWirePro: GBP/AUD under pressure after early buying dries up 
FxWirePro- Ethereum Daily Outlook 
FxWirePro:EUR/NZD hits two month low, more downside expected 
FxWirePro- LINKUSD (Chart of the day) 
FxWirePro- Silver Daily Outlook 
FxWirePro:EUR/AUD capped key fibo,bears set to regain control 
FxWirePro:EUR/AUD dips below lower range, bearish bias increases 
FxWirePro :GBP/NZD heads deeper into bear territory, plunge to test a key fibo grows 
FxWirePro- Ethereum Daily Outlook 
FxWirePro-Crude Oil Daily Outlook 
FxWirePro- BTCUSD Daily Outlook 
FxWirePro- Crude oil Daily Outlook 
FxWirePro- Ethereum Daily Outlook 
Hanging man pattern candles have occurred at 1.2044, 1.2058, 1.2032, and 1.2027 levels on EURUSD intraday plotting. After these bearish patterns, consequently, the prices slid below 21DMAs, more bearish rout on cards upon momentum & trend indicators.
On a broader perspective, the bull swings have managed to break out the long lasting range resistance but shooting star pattern candle has occurred at 1.1811 levels, ever since then consolidation phase seems to be little exhausted. Consequently, bears have managed to plummet the prices in the consolidation phase of the major trend.
But bulls tested supported at 7EMAs to bounce back, for now, the rallies seem to be extending further upon bullish EMA and MACD crossover.
While both lagging indicators on intraday terms (DMAs & MACD) have been signaling extension of downswings (refer 4H charts).
At spot reference: 1.1788 levels, contemplating bearish sentiment on intraday terms, on trading perspective, it is advisable to buy tunnel spreads using upper strikes at 1.2030 and lower strikes at 1.2007 levels. Thereby, the intraday speculators can eye on southward targets about 20-30 pips. The strategy is likely to fetch leveraged yields as long as underlying spot FX keeps dipping but well above lower strike before the binary expiry duration.
Alternatively, at the same spot levels, we advocate arresting bullish risks by initiating longs in futures contracts of mid-month expiries by keeping a strict stop loss at around 1.1712 levels.
Currency Strength Index: FxWirePro's hourly EUR spot index is displaying shy above 62 levels (which is bullish). While hourly USD spot index was inching towards -37 (bearish) while articulating (at 05:53 GMT). For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex.
FxWirePro launches Absolute Return Managed Program. For more details, visit:
