FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro- Woodies pivot (Major) 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro: USD/ZAR retreats but trend is still bullish 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
Ichimoku analysis (1-hour chart)
Tenken-Sen- 1.12952
Kijun-Sen- 1.13217
EURUSD declined sharply and hits 16- month lows at 1.12640. The upbeat US economic data and surge in US inflation have increased the chances of a rate hike by the Fed. The policy divergence between US Fed and ECB is supporting the US dollar. US retail sales rose 1.7% in Oct compared to the forecast of 1.4%. EURUSD hits an intraday high of 1.13210 and is currently trading around 1.13122.
Technical:
On the higher side, near-term resistance is around 1.13625 and any convincing breach above will drag the pair to the next level 1.1400/1.14590/1.14845. The pair's immediate support is at 1.1250, breaking below targets of 1.1200/1.1160.
Indicator (4-hour chart)
Directional movement index – Bearish
It is good to sell on rallies around 1.1368-70 with SL around 1.1435 for a TP of 1.1250.
