FxWirePro: USD/CNY bears maintain upper hand 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
FxWirePro- Major Crypto levels and bias summary 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro- Major Crypto levels and bias summary 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro: USD/JPY edges higher but bulls lack punch 
FxWirePro- Major Pair levels and bias summary 
Major support- 100
Major resistance- 102
DXY showed a minor jump after US retail sales. It hit a high of 100.84 at the time of writing and is currently trading around 100.80.
|
Date |
Time (GMT) |
Currency |
Event |
Actual |
Forecast |
Previous |
|
Sep 17th |
12:30 PM |
US |
Core retail sales m/m |
0.10% |
0.20% |
0.40% |
|
|
|
US |
Retail sales m/m |
0.10% |
-0.20% |
1% |
According to the CME Fed watch tool, the probability of a 50 bpbs rate cut in Sep increased to 67% from 34% a week ago.
On the lower side, near-term support is around 100.50 and violation below will drag the index down to 100/99.57/99/98. Significant resistance is around 101.20 and breach above targets 101.60/102. Overall bearish invalidation is only above 104.
Indicator (4-hour chart)
CCI (14)- Bearish
CCI (50)- Bearish
It is good to sell on rallies around 101.18-20 with SL around 102 for TP of 99.
