FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto 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 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/AUD moves lower on weak UK data 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Major Crypto levels and bias summary 
Candlestick - Shooting Star (Daily chart)
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.07005
Kijun-Sen- 1.06604
EURUSD pares some of its gains on a cautious mood. It hit a low of 16640 yesterday and is currently trading around 1.06755.
Major Economic data for the day
Nov 8th, 2023, Fed Chair Powell Speaks (2:15 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Nov increased to 90.4% from 68.90% a week ago.
The US 10-year yield pared its gains made yesterday ahead of Fed Powell's speech. The US 10 and 2-year spread widened to -35% from -16%.
The pair trades below short-term 21 EMA, above 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any break below 1.0660 confirms further bearishness. A decline to 1.0600/1.0550 is possible. The near-term resistance is around 1.0720 and any breach above targets is 1.0765/1.0835. Bullish invalidation only if it breaks below 1.0440.
Indicator (4-hour chart)
CCI – bullish
Directional movement index – neutral
It is good to sell on rallies around 1.0700-025 with SL around 1.0760 for a TP of 1.0440.
