USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro- Major European Indices 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
EUR/USD trades slightly weak after US NFP data. It hit an intraday of 1.14945 and currently trading around 1.13992.
|
Month |
Actual NFP |
Unemployment Rate |
Avg. Hourly Earnings (YoY) |
|
May-25 |
139,000 |
4.20% |
~3.7% (expected) |
|
Apr-25 |
177,000 |
4.20% |
3.80% |
The pair is holding above short and long-term moving averages in the 4-hour chart. Near-term resistance is seen at 1.1500; a break above this may push the pair to targets of 1.1600. Major bullish momentum is likely only if prices are able to break above the 1.160 target of 1.1660. On the downside, support is seen at 1.13780 any violation below will drag the pair to 1.135/1.1300/1.1265/1.1200/1.1150/1.1090/1.1050/1.100.
Market Indicators and Trading Strategy
Commodity Channel Index (CCI)- Bullish
Average Directional Movement Index (ADX) - Neutral
It is good to buy on dips around 1.13780 with a stop-loss at 1.1340 for a target price of 1.1500/1.1600.
