Ichimoku Analysis (4-Hour chart)
Tenken-Sen- 90.77
Kijun-Sen- 90.58
US Dollar index has declined sharply after a minor jump above 91 levels. The index surged more than 1% in the past two days on rising US bond yield. The US 10- year yield hits a multi-year high on hopes of more stimuli from the U.S. The US retails sales rose 5.3% in Jan m/m, the highest jump in the seventh months. Markets eye US initial jobless claims and Philly fed manufacturing data for further direction. The index hits an intraday high of 90.67 and is currently trading around 90.620.
The near-term resistance is around 91.05 convincing close above confirms minor bullishness. A jump to 91.60 likely. Significant trend continuation only above 91.60.
The index facing strong support at 90.40; any indicative break below will take the index to 90/89.35.
It is good to sell on rallies around 91 with SL around 91.60 for a TP of 89.40.


FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY hits 15-month low , scope for further downside
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed
FxWirePro- Major Pair levels and bias summary
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: AUD/USD gaining momentum for a move towards 0.6800 level
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 



