EUR/USD was trading in narrow range after hitting low of 1.15302. The pair shown jump of almost 100 pips from the low . But big sell-off in GBP and slight broad based buying in USD on rising US trade war tensions with China. The hawkish comment by Richmond Fed President also supporting prices. China has responded to US trade tariff by imposing 25% tariff on 333 products worth $16 billion. Markets eye US PPI and jobless claims for minor movement in the market.
US 10 year bond yield is trading flat between 3.0160% and 2.920 for past trading session. It is currently trading around 2.961%.
EUR/USD’s near term support is around 1.1500 and any convincing break below 1.1500 confirms minor weakness and decline till 1.1400/1.13600 is likely.
On the higher side, near term resistance is around 1.1645 (23.6% fib) and any break above will take the pair to next level till 1.16800/1.1750/1.1800. The minor resistance is around 1.1600.
It is good to sell on rallies around 1.163.5-40 with SL around 1.1685 for the TP of 1.1500/1.1400.


AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: NZD/USD turns lower as USD regains footing
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: GBP/AUD bears maintain upper hand 



