BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
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 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.06462
Kijun-Sen- 1.06697
EURUSD pared some of its gains ahead of US Fed monetary policy. Markets already pricing in a 25 bpbs rate hike. Any hawkish comments from Fed Chairman will drag the yellow metal further lower. German ZEW economic sentiment declines to 13 in Mar vs. the forecast of 16.40. It hits an intraday high of 1.07219 and is currently trading around 1.07158.
US existing home sales surged 14.5% in Feb to a seasonally adjusted annual rate of 4.58 million, the largest monthly increase since Jul 2020.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in Mar increased to 89.3% from 54% a week ago.
The US 10-year yield recovered nearly 10% from a minor bottom of 3.29% ahead of US monetary policy. The US 10 and 2-year spread narrowed to 48% from -107%.
The pair trades above short-term 21 EMA, 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any close above 1.07600 confirms further bullishness, a jump to 1.0800/1.0880 is possible. The near-term support is around 1.0680. The breach below will drag the pair to 1.0650/1.0680.
Indicator (4-hour chart)
CCI – Bullish
Directional movement index – Bullish
It is good to stay away on account of Fed monetary policy.
