Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.21383
Kijun-Sen- 1.21155
EURUSD recovered more than 20 pips from a low of 1.21514 despite weak PMI data. The flash Eurozone came at a 2-month low at 54.70 compared to 55.20 previous months. While German PMI falls to seven months low at 57 vs forecast of 57.30. Markets eye US existing home sales and flash manufacturing PMI for further direction.
Technical:
On the higher side, near-term resistance at 1.2200. Any indicative violation above targets 1.2260/1.2300/1.2345. The next support is around 1.21150. Breach below will drag the pair down till 1.20780 (trend line support)/1.2050/1.200.
It is good to buy on dips around 1.21480-50 with SL around 1.21150 for the TP of 1.2260.


JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: AUD/USD dips below lower range, bearish bias increases
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro- Woodies pivot (Major)
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 



