Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.0555
Kijun-Sen- 1.05622
EURUSD formed a double bottom around 1.0470 and recovered more than 100 pips. The hopes of a rate hike by the ECB in Jul support the Euro at lower levels. She said the Asset purchasing program to get over in the third quarter. The 10-year yield pared most of its gains made the previous week. Markets eye US CPI data for further direction. EURUSD hits an intraday low of 1.05451 and is currently trading around 1.05501.
Technical:
On the higher side, near-term resistance is around 1.0600 and any convincing breach above will drag the pair to the next level of 1.650/1.0700.
The pair's immediate support is at 1.0460, breaking below targets of 1.0400/1.0300.
Indicator (4-hour chart)
Directional movement index – Neutral
It is good to sell on rallies around 1.060 with SL around 1.0650 for a TP of 1.0400.


FxWirePro- Woodies pivot (Major)
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
GBPJPY Slips After Sterling Weakness, Bears Eye 216
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro- Major Crypto levels and bias summary
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
Major Pair Action Bias: Bullish Pairs to Watch Out For
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97 



