FxWirePro- Major European Indices 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Woodies pivot (Major) 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: GBP/NZD stuck in range but outlook is bullish 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro- Woodies pivot (Major) 
Major support- 97.80
US dollar index has once gained sharply hitting a low of 98.29. It has formed an almost a triple bottom near 98 levels. The index broken 98.85 high made on Sep 23rd. Political uncertainty in the US is supporting safe-haven USD. According to the CME Fed watch monitor tool, the chance of 25 bps rate cut increased to 35.9% from 46.6% one day ago and the probability of 50 bps declined to 53.4% from 64.4%. It hits an intraday high of 98.99 and is currently trading around 98.99.
The near term resistance is around 99.10 and any break above will take the index to high 99.35 high made on Sep 3rd, 2019. The bullish continuation can be seen only above 99.35.
On the flip side, near term support is around 98.40 (21 -day MA) and any break below will drag the DXY to level 98/97.80/97. Major weakness only below 97 levels.
It is good to buy on dips around 98.75-80 with SL around 98.40 for the TP of 99.35/100.
