Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.01146
Kijun-Sen- 1.00779
EURUSD continues its bullish momentum and jumped more than 60 pips in today's Asian session. The board-based US dollar selling as the chance of an aggressive rate hike by the Fed diminishes. According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Jul dropped to 71.5% from 92.4% a day ago. Markets eye the European Central Bank monetary policy to be released on Thursday for further direction.US retail sales rose by 1% m/min in June compared to a forecast of 0.70%. EURUSD hits an intraday high of 1.0490 and is currently trading around 1.01410.
Technical:
On the higher side, near-term resistance is around 1.0150 and any convincing breach above will drag the pair to the next level of 1.02785/1.0390.
The pair's immediate support is at 1.0080, breaking below targets of 1/0.9940.
Indicator (hourly chart)
Directional movement index – Bullish
It is good to buy above 1.014 with SL around 1.010 for a TP of 1.0280/1.0390.


FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 



