Ichimoku Analysis (1-hour chart)
Tenken-Sen- 94.51
Kijun-Sen- 94.47
US Dollar index has shown a minor decline from a high of 94.74. The intraday trend is till neutral as long as support 94.30 holds. The better than expected US existing home sales and durable goods order is supporting the US dollar index at lower levels. The jump in the US dollar index from the temporary bottom 91.75 mainly due to US election uncertainties and jump in the number of new COVID cases in Europe and the UK. It hits an intraday low of 94.38 and is currently trading around 94.38.
On the flipside, near-term support is around 94.30, any violation below targets 93.80/93.40/93/92.66. Significant bearishness only if it breaks below 91.55.
The index is strong resistance at 94.75, an indicative break beyond will take the index till 95.70/96.05.
It is good to buy on dips around 9 with SL around 94 for TP of 91.52.


Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Woodies Pivot(Major)
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 



