Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 91.28
Kijun-Sen- 91.20
As per our analysis, the US Dollar index has shown a jump to 91.60 the previous week and started to correct. The weaker than expected US non-farm payroll has dragged the US dollar. US economy has added 49000 new jobs in Jan much lower than the estimate of 85K. The previous month was downward revised to -227000. The unemployment rate declined to 6.3%vs 6.7%. economic data is supporting the US dollar at lower levels. Markets eye US CPI, Fed Powell speech on Wednesday for further direction
The near term resistance is around 91.50-60, convincing close above confirms bullish continuation. A jump till 92.05/92.80 likely.
The index facing strong support at 90.65; any indicative break below will take the index to 90.35/90.
It is good to buy on dips around 91 with SL around 90.69 for a TP of 93.


CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: USD/CNY hits 15-month low , scope for further downside
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



