FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
EURUSD is trading flat on account US Thanksgiving day and is holding above 1.1400 level.The European Commission has rejected Italy budget proposal but Italy’s 10 year bond yield has shown decline of more than 8% and spread between German and Italy has reduced to 308 basis point from 335 basis point. The rumor that Fed will pause rate hike net spring and slight weaker than expected US durable goods order and US jobless claims are supporting Euro. Markets eye ECB minutes meeting for further direction. It is currently trading around 1.14055.
Technically near term resistance is around 1.14750 (55- day EMA) and any break above targets 1.1500/1.15500. The pair should break above 1.16200 for further bullishness. The minor resistance is around 1.1435.
On the lower side, near term support is around 1.1360 (20- day MA) and any convincing break below targets 1.1300/1.1215.Major trend reversal below 1.12000.
It is good to sell on rallies around 1.14325-350 with SL around 1.1475 for the TP of 1.1300.
