US dollar index started to decline after a minor jump to 98 levels. The overall trend is still weak as long as major resistance 98.33 holds. The economic data released this week came mixed for the US with ADP private employment in line with expectations, Chicago PMI and advance GDP below forecast. Markets eye US NFP data for further direction.
The near term major resistance is at 97.40-45 (200- day MA), any convincing move above that level targets 97.80/98.25-33. The bullish continuation can be seen only above 99.67.
The index is struggling to break below 97 levels for the past 2 weeks and break under 97 confirms further weakness, a dip till 96/95.85 possible.
It is good to sell on rallies around 97.75-80 with SL around 98.35 for the TP of 95.85.


FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/AUD bears maintain upper hand
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary 



