Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
EUR/USD is trading lower and has broken major support 1.1600. The pair hits low of 1.15615 and has shown a minor recovery. The Fed optimism and escalating trade war between US and China is supporting US dollar. The Eurozone services PMI fell to 54.2 in Jul compared to forecast of 54.4. Markets eye US non farm payroll data for further direction. US economy is expected to add 190k new jobs in the month of Jul and wage growth to show a minor jump to 2.7% y/y.
US jobless claims has shown a minor jump by 1000 to a seasonally adjusted 218000 for week ended Jul 28.
US 10 year bond yield has broken 3% and hits 3.160% highest in six weeks. US has planned to raise the tariffs from previous 10% to 25% on $200 billion worth of Chinese import.
EUR/USD’s near term support is around 1.155 and any convincing break below will drag the pair to next level till 1.1500.Any 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 (7- day MA) and any break above will take the pair to next level till 1.1680 (20- day MA)/1.1750/1.1800.
It is good to sell on rallies around 1.1645-50 with SL around 1.1685 for the TP of 1.1500.
