• EUR/NZD dipped on Friday as investors digested hotter-than-expected U.S. CPI data and assessed the economic impact of the U.S.-Israeli conflict with Iran.
•Escalating U.S.-Iran attacks across the Gulf since late August have sent oil prices above $100 a barrel again, rekindling inflation worries in the fuel-dependent euro zone and complicating the ECB's battle against rising prices.
• ECB President Christine Lagarde said the central bank will remain data-dependent, while chief economist Philip Lane warned that higher energy prices could weigh on consumption this autumn.
•The European Central Bank raised interest rates and cautioned that inflation may stay higher for longer amid rising energy prices linked to the prolonged Middle East conflict.
• Immediate resistance is located at 2.0020(50%fib), any close above will push the pair towards 2.0066(Higher BB).
• Immediate support is seen at 1.9894(Daily low) and break below could take the pair towards 1.9790(38.2fib).
Recommendation: Good to sell around 1.9960 with stop loss of 2.0050 and target price of 1.9900


EURUSD Holds Above 1.1600 Despite US CPI, Fed Rate Hike on the Horizon
FxWirePro: AUD/USD stays defensive ahead of key U.S. inflation data
FxWirePro: USD/JPY slips as yen firms after hot Japan's wholesale inflation data
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD gains some upside momentum but still bearish
FxWirePro: USD/ZAR bearish again as upside bias reverses
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR hits three-week high after hot U.S. PPI data
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD dips below 1.6200 level ,vulnerable to more downside
FxWirePro- Woodies Pivot (Major)
Gold Loses Luster Amid Rising US Bond Yields, Iran Conflict; Sell on Rallies Advised
FxWirePro: GBP/AUD struggle to extend its recovery, good to sell on rally
FxWirePro: USD/CAD firms slightly, but downward resumption looks likely
AUDJPY Trades in Narrow Range, Bearish Indicators Suggest Selling on Rallies
FxWirePro- Woodies Pivot (Major)
Major Currency Pair Scores: USD/CHF Signals Strong Bullish Momentum as NZD/USD Turns Heavily Bearish 



