FxWirePro- Major Pair levels and bias summary 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro:EUR/AUD eases but bullish outlook persists 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.08914
Kijun-Sen- 1.08897
EURUSD recovered more than 70 pips from the multi-week low. It hits a high of 1.09304 and is currently trading around 1.09170.
The renewed positive market sentiment and minor fip in US treasury yield support Euro at a lower level.
Major economic data to watch today
Aug 22nd, 2023, Existing home sales and Richmond manufacturing index (2:00 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Sep increased to 84.50% from 90% a week ago.
The US 10-year yield surged sharply and hit its highest level since 2007 on rate hike fears. The US 10 and 2-year spread narrowed to -66% from -110%.
The pair trades above short-term 21 EMA, below 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any indicative break below 1.0830 confirms further bearishness: a decline to 1.0760/1.0700 is possible. The near-term resistance is around 1.0935. The breach above targets 1.0965/1.1000/ 1.1070/1.1100/1.1150.
Indicator (4-hour chart)
CCI – bearish
Directional movement index – Neutral
It is good to sell on rallies around 1.0955-58 with SL around 1.1000 for a TP of 1.0800.
