FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: USD/ZAR bears maintain upper hand 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/ZAR edges higher, set to stay on back foot 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
US dollar index has taken support near 97 levels and shown a minor jump. But the short-term trend is still weak as long as resistance 98.33. The index is trading weak despite slight better than expected US nonfarm payroll. US Non-Farm payroll rose 128000 in Oct compared to the estimate of 89000, the unemployment rate ticked up to 3.6% and average hourly earnings came at 0.3% vs forecast of 0.0%. The hopes of the US-China signing deal by this month is also putting pressure on DXY.
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 97.55-60 with SL around 98 for the TP of 96.
