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FxWirePro- Woodies Pivot(Major) 
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FxWirePro- Major European Indices 
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FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Woodies Pivot(Major) 
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Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.05318
Kijun-Sen- 1.05675
EURUSD pared some of its gains ahead of German ZEW sentiment. It hit a low of 1.0454 at the time of writing and is currently trading around 1.05468.
The US Empire State manufacturing index declines to -4.6, compared to a forecast of -7.
Major economic data for the day
Oct 17, 2023, Retail sales m/m (12:30 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Nov increased to 95.3% from 88% a week ago.
The US 10-year yield showed a minor pullback on geopolitical tension. The US 10 and 2-year spread narrowed to -38% from -75%.
The pair trades below short-term 21 EMA, 55 EMA, and below long-term (200-EMA) in the 4-hour chart. Any break below 1.04800 confirms further bearishness. A dip to 1.0440/1.0380/1.0325 is possible. The near-term resistance is around 1.05650, and any breach above targets 1.06000/1.0660. Bullish invalidation only if it breaks below 1.0440.
Indicator (4-hour chart)
CCI – Neutral
Directional movement index – Neutral
It is good to sell below 1.04800 with SL around 1.05300 for a TP of 1.03500.
