FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
Intraday trend – Neutral
Major intraday Support– 1.11800
The pair is trading below 1.13000 levels on strong US treasury yields. The policy divergence between the US fed and ECB is dragging the Euro lower. The US fed expected to taper bond buying sooner rather than later due to surging inflation is supporting the US dollar. The US dollar index trades above 96, a breach above 97 confirms a bullish continuation. Markets eye German ZEW sentiment for further direction. It hits an intraday low of 1.12534 and is currently trading around 1.12624.
Any breach below 1.12300 confirms intraday bearishness. A dip till 1.1180/1.1130/1.0860 is possible.
The immediate resistance to be watched is 1.1300; any violation above will take the pair to 1.1375/1.1435.
Indicators (4-hour)
Directional movement index –Neutral
CCI (50) - Bullish
It is good to sell on rallies around 1.1328-30 with SL around 1.13750 for a TP of 1.1180.
