FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major Crypto levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major European Indices 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.05411
Kijun-Sen- 1.05241
EURUSD showed a minor gap down opening amid Middle East geopolitical tension. It hit a high of 1.05993 yesterday and is currently trading around 1.05535.
Israel declares war against Palestine as intense fighting continues in major areas after the Hamas surprise attack by Palestine militants Hamas. According to NBC News, at least 700 Israelis have been killed and 313 Palestinian deaths reported by Palestinian Health Ministry.
The US economy has added 336000 jobs in Sep, compared to a forecast of 170000. The unemployment rate surged to 3.8% vs. an estimated 3.70%.
Major economic data for the week
Oct 11th, 2023, US PPI (12:30 pm GMT)
Oct 12th, 2023, US CPI (12:30 pm GMT)
Oct 13th Prelim UoM consumer sentiments (2 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Nov decreased to 78.30% from 81.70% a day ago.
The US 10-year yield surged sharply after upbeat US Non-farm payroll data. The US 10 and 2-year spread narrowed to -28% from -75%.
The pair trades above short-term 21 EMA, 55 EMA, and below long-term (200-EMA) in the 4-hour chart. Any break below 1.0480 confirms further bearishness. A decline to 1.0400/1.0340 is possible. The near-term resistance is around 1.0620, and any breach above targets is 1.0660/1.0700.
Indicator (4-hour chart)
CCI – Bullish
Directional movement index – Neutral
It is good to sell on rallies around 1.0548-550 with SL around 1.0600 for a TP of 1.0400.
