EURUSD trades higher for 3rd consecutive day and jumped more than 60 pips from low of 1.11162.The recovery is to be limited on trade war escalation and Italian political risks. Markets eye US ISM manufacturing for further direction. It hits intraday high of 1.11893 and is currently trading around 1.11832.
German bund yield continues to trade lower and hits low of --0.20%. The spread between 10 year bond yield and bund has narrowed to 228 basis point from 258 basis point.
On the higher side, near term resistance is around 1.12159-1.1220 (trend line resistance and 55- day EMA) and any break above will take the pair to next level till 1.12650/1.13000.
The near term support is around 1.11700 and any violation below will drag the pair till 1.11400/1.11000. Any further bearish continuation happens only below 1.11000.
It is good to sell on rallies around 1.1215-220 with SL around 1.12650 for the TP of 1.1100.


FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 



