Ichimoku analysis (1-hour chart)
Tenken-Sen- 1.21495
Kijun-Sen- 1.21505
EURUSD declined more than 50 pips on weak German IFO business climate. The business climate declined to 90 in Jan compared to a forecast of 91.10. The surge in coronavirus cases and slight pessimism in Biden stimulus is supporting demand for safe-haven assets like yen. The pair hits an intraday low of 1.21160 and is currently trading around 1.21258.
Technical:
On the higher side, near-term resistance at 1.2150. Any indicative violation above targets 1.2180/1.2200/1.2260. 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 sell on rallies around 1.2148-50 with SL around 1.2180 for the TP of 1.2050.


FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
FxWirePro- Major Pair levels and bias summary 



