FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Pair levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Woodies Pivot(Major) 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.08133
Kijun-Sen- 1.08212
EURUSD showed a minor pullback on renewed market sentiment. It hit a high of 1.08381 and is currently trading around 1.08261. The minor sell-off in US treasury yields also supports the Euro at lower levels.
Major economic data for the day
Aug 29th, 2023, S&P/CS Composite-20 HPI y/y (1:00 pm GMT)
CB Consumer Confidence (2:00 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Sep decreased to 78% from 86% a week ago.
The US 10-year yield trades weak for the second consecutive day as markets expect a rate pause. The US 10 and 2-year spread widened to -80% from -66%.
The pair trades above short-term 21 EMA, above 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any indicative break below 1.0760 confirms further bearishness: a decline to 1.0700/1.0660 is possible. The near-term resistance is around 1.0850. The breach above targets 1.0935/1.0965/1.1000.
Indicator (4-hour chart)
CCI – bearish
Directional movement index – Neutral
It is good to sell on rallies around 1.0848-50 with SL around 1.0900 for a TP of 1.07660.
