Ichimoku analysis (4-Hour chart)
Tenken-Sen- 0.92450
Kijun-Sen- 0.92341
Previous week High– 0.92748
Today's Low- 0.9190
The pair has declined sharply after a minor pullback to 0.92675 despite dovish FOMC minutes. The minutes of the Fed reflect more optimism over US economic recovery. The Fed has not given any timeline for the scale-back QE program due to the uncertainty. The intraday bias is bearish as long as resistance 0.92750 holds.
Trend- Bearish
The near-term support is around 0.9190, breach below will take the pair to 0.9125/0.9090. On the higher side, immediate resistance is around 0.92750. Any convincing breach above targets 0.9300/0.9365.
Indicator (4 Hour chart)
CAM indicator – Slightly bullish
Directional movement index –Neutral
It is good to sell on rallies around 0.92180-220 with SL around 0.92750 for a TP of 0.9050.


JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains
FxWirePro: AUD/USD dips after RBA Governor speech
FxWirePro- Major Pair levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 



