- EUR/USD has pared some of the gains made yesterday after better than expected US CPI data. US headline CPI came slightly weaker than expected at 0.1% compared to forecast of 0.2%. But CPI Y-OY came at 2.8% highest since 2012. ECB minutes meeting shows that ECB was highly dovish and not clear about end of QE , interest rate hike. Markets eye US Consumer sentiment index a leading indicator which is to be released today for further direction.
- EUR/USD’s near term support is around 1.16500 (20- day MA) and any convincing break below will drag the pair to next level till 1.1600/1.1500.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 1.1720 (50- day MA) and any break above will take the pair to next level till 1.1795/1.1850/1.1900.
It is good to sell on rallies around 1.1660-65 with SL around 1.1720 for the TP of 1.1580/1.1500.


FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro -Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro: EUR/NZD remains under pressure as key support gives way
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro- Major Crypto levels and bias summary
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally 



