FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
Intraday trend – Bearish
Major intraday resistance – 1.12750
The pair has shown a minor pullback after a sell-off of more than 350 pips this month. The policy divergence between US Fed and ECB is putting pressure on Euro at higher levels. US personal income jumped to 0.50% and headline PCE surged 5.0% YOY above expectations of 4.6%. US real GDP came at 2.1% in Q3 at annualized rate vs. an estimate of 2.2%. It hits an intraday high of 1.12261 and is currently trading around 1.12223. Markets eye ECB monetary policy meeting accounts for further direction.
Any breach below 1.11800 confirms further bearishness. A dip till 1.1150/1.100 is possible.
The immediate resistance to be watched is 1.1230; any violation above will take the pair to 1.12750/1.1300/1.13625/1.1400.
Indicators (1-hour)
Directional movement index –Neutral
CCI (50) - Bearish
It is good to sell on rallies around 1.1258-60 with SL around 1.1300 for a TP of 1.1150.
