EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: AUD/USD dips after RBA Governor speech 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro- Woodies pivot (Major) 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.16389
Kijun-Sen- 1.16206
EURUSD is under bearish pressure after Eurozone inflation data. The final yearly CPI came at 3.4% in line with an estimate of 3.4%. The pair declined till 1.16170 and is currently trading around 1.16227.US housing starts fell last month to 1.56 M compared to a forecast of.1.62 million: Building permits declined sharply by 7.7%.
Technical:
On the higher side, near-term resistance is around 1.1670 and any convincing breach above will drag the pair to the next level 1.17010/1.1760. The pair's immediate support is at 1.1600, breaking below targets 1.1570/1.1525.
Indicator (4-hour chart)
Directional movement index – Neutral
It is good to sell on rallies around 1.1660-625 with SL around 1.17010 for a TP of 1.1525.
