Major Intraday support- 99.20 (23.6% fib)
US dollar index continues to trade higher for 5th consecutive days and hits a fresh 28-month high. It hits a high of 99.59 and is currently trading around 99.59.
It has formed a minor bottom of around 97.85 and any major weakness only below 97.86. According to the CME Fed watch tool, the chance of keeping rates unchanged rose to 61% from 35% 1-week ago and the probability of 25 bps cut declined to 39% from 64%.
The near term resistance is around 99.60 and any break above targets100/100.30.Markets eye US ISM manufacturing index for further direction.
On the flip side, near term support is around 99.20 and any break below will drag the DXY to level 98.80/98.65/98.40. Major weakness only below 98 levels.
It is good to buy on dips around 98.85-90 with SL around 98.60 for the TP of 99.35/100.


FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro: AUD/USD gains some ground but outlook is bearish 



