FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Woodies pivot (Major) 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
Ichimoku analysis (Daily chart)
Tenken-Sen- 0.92033
Kijun-Sen- 0.91005
Previous week High– 0.92676
Previous week low- 0.91330
The pair has shown a minor recovery after hitting a low of 0.91319. The overall trend is still bearish as long as resistance 0.92750 holds. The surge in the corona delta variant has increased demand for safe-haven assets like Yen and Swiss franc. Markets eye US CPI data today for further direction. The US 10-year yield trades steadily ahead of the US inflation report.
Trend- Bearish
The near-term support is around 0.91219, the breach below will take the pair to 0.9059/0.9000. On the higher side, immediate resistance is around 0.9180. Any convincing breach above targets 0.9238/0.92750.
Indicator (1 Hour chart)
CAM indicator – Neutral
Directional movement index –Neutral
It is good to sell on rallies around 0.91580-60 with SL around 0.9210 for a TP of 0.9050.
