Major resistance 94.40 (10- day MA)
US dollar index recovered sharply almost more than 50 pips from the low of 93.95 made yesterday. US fed hiked interest rates by 25 bpbs to 2.25%. The Fed’s dot plot expectations shows another rate hike in Dec.
The near term resistance is around 94.74 (20- day MA) and any break above targets 95/95.25. The index should close above 95.75 for further bullishness.
On the lower side, any break below 94.30 (200- H MA) will take the index to next level till 93.95/93.60.
It is good to buy on dips around 94.50-55 with SL around 94.20 for the TP of 95.25.


FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: AUD/USD cedes early gains ,outlook bearish
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth 



