EURUSD continues to trade lower ahead of the ECB policy meeting. The pair hits low of 1.11220 15 pips above the level 1.11069 (May 23rd low). The possibility of further weakness below 1.1100 will happen only if the central bank maintains a more dovish stance
ECB cuts interest rates by 10 bpbs and planning to go for QE in the coming months if the outlook does not improve. The pair will break the low of 1.11069 and the chance of reaching till 1.09097 (161.8% fib) is possible.
Option 2: ECB rate cut and QE announcement in this policy meeting will put more pressure on Euro and a dip till 1.000 is possible.
Euro to trade higher if ECB will keep its interest rates unchanged as markets already priced in 10 bpbs rate cut. A jump above 1.11600 till 1.1200 is possible.


Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro- Woodies pivot (Major)
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro- Major Pair levels and bias summary
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 



