Pattern formed: Head and Shoulder
Ichimoku (Daily Chart)
Tenken-Sen- 95.25
Kijun-Sen -95.14
Trend reversal Level- 94.85
DXY is trading weak for two consecutive days. The pair lost more than 60 pips from the high of 95.74 level. It hits low of 94.93 and shown a minor recovery till 95.21. It is currently trading around 94.89.
On the lower side, major support is around 94.85 (trend line support and cloud top) and any break below targets 94.31/94/93.69.
The near term minor resistance is around 95.25 and any violation above will take the index till 95.75/96.25/96.98.
It is good to sell below 94.85 with SL around 95.25 for the TP of 94/93.69.
Resistance
R1- 95.25
R2 - 95.75
R3- 96
Support
S1- 94.85
S2- 94.31
S3- 94


FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/AUD bears maintain upper hand
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: AUD/USD firms after upbeat consumer spending data
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus 



