FxWirePro: GBP/NZD gains some ground but bias is still bearish 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
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FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
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FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro- Woodies pivot (Major) 
Bullish divergence- CCI (50)
Intraday trend – Bearish
Major intraday support– 1.080
The pair gained slightly after four weeks of massive sell-off. The escalation of tension between Russia and Ukraine has increased demand for safe-haven assets like the US dollar. The jump in US treasury yield also supports the US dollar. Markets eye peace talks between Russia and Ukraine for further direction. It hits an intraday high of 1.09256 and is currently trading around 1.09257.
EURUSD trades above Tenken-sen (1.09019) and below Kijun-Sen (1.09638).
Technical-
Any breach below 1.1080 confirms intraday bearishness. A dip to 1.0720/1.060 is possible.
The immediate resistance to be watched is 1.09225 (Kumo cloud); any close above will take the pair to 1.09680/1.1150/1.1180.
Indicators 41-hour)
Directional movement index –Bearish
CCI (50) – Bearish
It is good to buy on dips around 1.0900 with SL around 1.0770 for a TP of 1.1150/1.1180.
