Ichimoku Analysis (4 Hours chart)
Tenken-Sen- 1.08198
Kijun-Sen- 1.08357
EURUSD trades higher and jumped more than 50 pips after the German ZEW sentiment index. The German ZEW sentiment rose to 51 May compared to forecast of 32 and Eurozone ZEW rose to 46 vs -12.1 expected. The pair hits a high of 1.09563 and Is currently trading around 1.09533.
On the flip side, near-term support is around 1.0870 (200-4H MA) and any violation below will drag the pair down till 1.08300/1.07900. Major trend continuation only below 1.07600.
The near term resistance is around 1.0960 (61.8% fib), an indicative break above targets 1.1000/1.0200/1.0400.
It is good to buy on dips around 1.09250 with SL around 1.08700 for the TP of 1.10380.


FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum 



