- Major intraday support – 1.0560
- Major resistance- 1.06855 (Nov 28th 2016 high)
- EUR/USD edged lower yesterday after OPEC agreed to cut oil production to 32.5 million barrels per day from the previous 33.7 million barrels per day.
- The pair declined till 1.05527 and recovered sharply from that level. It is currently trading slightly above 1.060 level at 1.06195.
- The intraday trend is slightly bullish as long as 1.05600 holds.
- On the higher side, the major resistance is around 1.0685 and any violation above will take the pair to next level till 1.0755/1.08150.
- Indicators (15 min)
CCI (50) – Buy
CCI (14)- Buy
ADX- Strength upward
It is good to buy on dips around 1.0610-15 with SL around 1.0560 for the TP of 1.6080/1.07530.


FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major European Indices
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: USD/CNY downside pressure builds, key support level In focus
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro:EUR/AUD eases but bullish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 



