GBP/JPY Slips Below 210 as Yen Surge Turns Rallies into Selling Opportunities 
FxWirePro: USD/ZAR downtrend slows, but bearish sentiment remains 
Crypto Correction Deepens: BTC Trades Weak at $66.6K, Major Support at $60K 
FxWirePro: USD/JPY slides below 154 level, scope for further downside 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD drops below 2.2600 level, heads deeper into bear territory 
USDCHF Fades Post-Jobs Rally: Bears Eye 0.7500 – Sell the Bounce at 0.7730 
FxWirePro: USD/CAD drifts lower, could be on verge of bigger drop 
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support 
FxWirePro: EUR/ NZD neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
Yen Roars Back: EURJPY Cracks Below 183 – Bears Target 180 on Rallies 
FxWirePro: USD/CAD recovers slightly from early decline but bears are not done yet 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD extends drop, faces 23.6%fib support 
EUR/USD trades flat ahead of Fed monetary policy. It hits an intraday low of 1.03819 and currently trading around 1.04161.
Interest rates are expected to be maintained at 4.25% and 4.50% by the Federal Reserve with carefulness based on the continued inflationary concerns. From here, cuts in rates will also come in gradually because that will depend upon how the economy performs.
Technical Analysis of EUR/USD
The pair is holding below short and long-term moving averages in the 4-hour chart. Near-term resistance is seen at 1.0465; a break above this may push the pair to targets of 1.0500/1.0535/1.0575, and 1.0600/1.0660. Major bullish momentum is likely only if prices can break above 1.0660, where levels of 1.0700, 1.0760, and 1.0800 await. On the downside, support is seen at 1.0400 any violation below will drag the pair to 1.0360/1.0300/1.0220.
Market Indicators and Trading Strategy
Commodity Channel Index (CCI)- Neutral
Average Directional Movement Index (ADX) - neutral. It is good to sell on rallies around 1.0480, with a stop-loss at 1.0535 for a target price of 1.0300.
