EURUSD has pared some of its gains after hitting 3-week high around 1.14035. US Fed chairman Powell speech said that US economy will growing strong but slower compared to previous year on account of global uncertainty and US-China trade war. Powell affirms that central bank will take ‘patient approach’ on policy. The pair hits intraday low of 1.13726 and is currently trading around 1.13883.
The yield difference between US and German has declined from 258 basis point to 251 basis point in past 4 trading session which is supporting euro.
On the higher side, any convincing break above 1.1400 confirms minor bullishness and a jump till 1.1435/1.1500. The pair should close above 1.1500 in daily chart for further bullishness.
The near term support is around 1.1365 (55-H EMA) and any violation below targets 1.1345/1.1330 (200- H MA). Major support is around 1.1300.
It is good to buy on dips around 1.13725-30 with SL around 1.1340 for the TP of 1.1500.


FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: GBP/NZD range to extend until there is game changing news
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback
FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY gains some ground but bearish outlook persists
FxWirePro- Major European Indices
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro: GBP/USD recovers but bears are not done yet again
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 



