Ichimoku analysis (4-Hour chart)
Tenken-Sen- 1.18170
Kijun-Sen- 1.18381
EURUSD declined sharply after upbeat US Non-farm payroll data. The US economy has added 943000 jobs in Jul compared to an estimated 870000. While unemployment came at 5.4% vs the forecast 5.7%.The average hourly earnings jumped to 0.4% above the forecast of 0.3%. The pair hits an intraday low of 1.17813 and is currently trading around 1.17901.
Technical:
On the higher side, near-term resistance is around 1.1830 and any convincing breach above will take to the next level 1.1865/1.1920. The pair's near-term support is at 1.1780, break below targets 1.1750/1.1700.
Indicator (4-hour chart)
CAM indicator-Bearish
Directional movement index – Bearish
It is good to sell on rallies around 1.1788-790 with SL around 1.1835 for the TP of 1.1700.


FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro:EUR/AUD eases but bullish outlook persists 



