Major resistance - 1.1233 (20- day MA)
EURUSD trades higher and jumped nearly 35 pips from intraday low of 1.1758 after release of Spanish GDP. Spain’s GDP came at 0.7% QoQ compared to forecast of 0.6%. It hits high of 1.12078 and is currently trading around 1.12054.
US and German 10 year yield has declined from 257 basis point to 2.487 basis point.The 2- year US and German yield spread declined 8 basis point in past three trading session.. Markets eye US CB consumer confidence and US Fed monetary policy for further direction.
On the higher side, near term resistance is around 1.1233 (20- day MA) and any violation above will take the pair to next level till 1.1260 (trend line resistance)/1.13240. Any break above 1.1360 targets 1.14200/1.14500.
It is good to buy on dips around 1.11825-850 with SL around 1.11500 for the TP of 1.12995.


Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
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: AUD/USD gains some ground but outlook is bearish
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/AUD bears maintain upper hand 



