FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
FxWirePro: USD/JPY nears 160 as intervention risk intensifies 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ NZD stuck in range but outlook is bearish 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
FxWirePro- Major Crypto levels and bias summary 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
EUR/GBP chart - Trading View
Technical Analysis: Bias turning Bullish
- EUR/GBP was trading 0.16% higher on the day at 0.8502 at around 10:00 GMT
- The pair is extending previous session's gains, extends break above 21-EMA
- MACD confirms bullish crossover on signal line, adding to the upside bias
- Bullish 5-DMA crossover on 20-DMA adds to the upside bias
Fundamental Overview:
Markets await key Bank of England (BOE) event scheduled for Thursday for further impetus.
CME’s BOEWatch tool shows a 100% probability of a rate hike move during the meetings in November and December.
A jump in the UK’s covid infections, to 40,077 from 38,009 reported the previous day keeps upside limited.
Major Support and Resistance Levels:
Support levels - 0.8472 (21-EMA), Resistance levels - 0.8506 (55-EMA)
Summary: EUR/GBP poised for further upside. Break above 55-EMA will see test of 0.8522. Bullish invalidation only below 21-EMA.
