Bullish divergence- CCI (50)
Intraday trend – Bearish
Major intraday support– 1.080
The pair gained slightly after four weeks of massive sell-off. The escalation of tension between Russia and Ukraine has increased demand for safe-haven assets like the US dollar. The jump in US treasury yield also supports the US dollar. Markets eye peace talks between Russia and Ukraine for further direction. It hits an intraday high of 1.09256 and is currently trading around 1.09257.
EURUSD trades above Tenken-sen (1.09019) and below Kijun-Sen (1.09638).
Technical-
Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible.
The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180.
Indicators 41-hour)
Directional movement index –Bearish
CCI (50) – Bearish
It is good to buy on dips around 1.0900 with SL around 1.0770 for a TP of 1.1150/1.1180.


FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/USD dips lower on negative UK retail sales data
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



