FxWirePro- Major Pair levels and bias summary 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
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: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro- Major European Indices 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
Candlestick pattern- Shooting star
EURUSD consolidated in a narrow range between 1.0480 and 1.05329 for the past two trading days. The chance of an economic recession in the globe supporting the US dollar at lower levels. It hits an intraday low of 1.04431 and is currently trading around 1.04772.
German industrial production dropped to -0.10% in Oct, versus consensus expectations for a 0.60% drop.
According to the CME Fed watch tool, the probability of a 50 bpbs rate hike in Dec rose to 77% from 66.3% a week ago.
The US 10-year yield lost more than 2.5% from yesterday's high of 3.61%. The US 10 and 2-year spread widened to -82.2 basis points from -67 bpbs.
Technical:
On the higher side, near-term resistance is around 1.0550 and any convincing breach above will take the pair to the next level of 1.0600/1.0660.
The pair's immediate support is at 1.0435, breaking below targets of 1.0370/1.02900.
Indicator (4-hour chart)
Directional movement index – Neutral
CCI(50)- Bullish
It is good to buy on dips around 1.0450 with SL around 1.0400 for a TP of 1.0660.
