Safe-haven appeal of the euro received further boost on a renewed wave of risk-aversion
- Downbeat Chinese PMI and sliding Chinese stocks added to the worries over the health of the Chinese economy, further bolstering risk-off sentiment
- Spanish PMI falls for 3 months running, employment index 53.5 from 55.5, lowest in 6 months, data fuel for those expecting ECB to add to easing efforts
- EUR/USD trades above 1.13 barrier, with scope for gains upto 1.1400 with bullish cross on slow stochs in oversold territory
- EUR/USD is currently trading at 1.1319, with next hurdle at 1.1337 (4h Kijun-Sen), and support on the downside at 1.1297 (200 DMA)
Resistance Levels:
R1: 1.1337 (4h Kijun-Sen)
R2: 1.1364 (Daily High Aug 27)
R3: 1.1368 (Session highs Aug 26th)
Support Levels:
S1: 1.1313 (10 DMA)
S2: 1.1310 (Daily High Aug 28)
S3: 1.1297 (200 DMA)


FxWirePro- Major European Indices
GBPJPY Plunges 200+ Pips, Then Reverses — Bulls Eye 216 on Dip Buys
FxWirePro- Major Pair levels and bias summary
AUDJPY Dips Met With Buyers: Bullish While 107 Holds Firm
FxWirePro:GBP/NZD gains some upside momentum but still bearish
Narrow Range Drama in EUR/GBP: Bullish Bias Intact Above 0.8645
FxWirePro: USD/ZAR recovers slightly but bears are not done yet
NZDJPY Bulls Hold the Line: Buy the Dip to 95?
FxWirePro: NZD/USD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro: USD/ JPY edges higher as yen weakness after BOJ stays on hold as expected
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 



