FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: GBP/AUD bears maintain upper hand 
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY edges higher but bulls lack punch 
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro:USD/JPY hovers near a four-decade low 
EURGBP trade idea
EURGBP consolidating after a massive sell-off. It hit a high of 0.84335 and is currently trading around 0.84111.
Technicals-
Intraday trend is weak as long as resistance 0.4469 holds.
The pair is trading above 34- and 55 EMA in the 4-hour chart.
The near-term resistance is around 0.8435, a breach above targets 0.84469/0.84610/0.8485. The immediate support is at 0.8420, any violation below will drag the pair to 0.8400/0.83830 (Jul 17th, 2024). Any close below 0.83830 confirms the resumption of a major downtrend.
Indicator (4-hour chart)
CCI (14)- Bearish
CCI (50)- Bearish
Average directional movement Index - bearish
It is good to sell on rallies around 0.8430 with SL around 0.84470 for a TP of 0.83830.
