AUD/JPY Dead-Cat Bounce Halted by EMA Wall; Sell-on-Rise Eyes 110.50 Target 
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains 
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention 
FxWirePro: AUD/USD holds narrow range, focus on near-term support 
FxWirePro: GBP/USD falls to two-week low on strong US jobs data 
FxWirePro: USD/ZAR erases early gains ,looking vulnerable 
EUR/USD Relief Rally Crashes Into 200/365 EMA Wall: Sell-on-Rise Near 1.1600 Targets 1.1435 
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data 
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50 
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown 
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains 
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside 
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target 
Sterling Surge: GBP/JPY Smashes Above 214 With Triple EMA Blessing; Bulls Eye 217 
FxWirePro: EUR/ NZD bulls gain momentum,eyes level 2.0000 
FxWirePro: GBP/NZD edges lower but bias is bullish 
FxWirePro- Major Pair levels and bias summary 
EURUSD has been sliding from the recent highs of 1.1116 to the recent lows of 1.1039 levels, thereby, the interim rallies seem to have been exhausted from the last 2-3 days upon the overbought sentiments signaled by the leading oscillators. We traced out shooting star at 1.1077 levels that has delivered its bearish effects. Prior to which, hammer has occurred 1.1015 levels, consequently, bulls of this pair seem to be hovering at 7DMAs for now.
While the major downtrend has also been sliding through sloping channel, where bears retrace more than 61.8% Fibonacci levels (almost 78.6%) from 2018 highs on the failure swings at channel resistance, as both leading oscillators and lagging indicators still signal bearish momentum, the downtrend continuation seems to be most likely (refer monthly chart).
Shooting star pattern pops-up at peaks in the major trend, ever since then you could make out bears have shown their effects, steep slumps have gone below EMA levels and retraced more than 61.8% Fibonacci levels of January 2018 highs (i.e. 1.2612) and January 2017 lows (i.e. 1.0371 levels) (refer monthly chart) but from the last couple of months bulls have held firmly.
Accordingly, we advocated directional positions for EURUSD couple of days ago, please refer below weblink for more reading on them:
We now continue to uphold the strategy on hedging grounds ahead of Fed and ECB monetary policies scheduled for the next week.
The Strategy: At spot reference: 1.1062 levels, contemplating above technical rationale, we advocate longs in EURUSD futures contracts of December’19 delivery, simultaneously, shorts in futures of Feruary’20 delivery for the major downtrend. The short leg is likely to hedge potential slumps and the momentary upside risks can be arrested by the long leg. Thereby, one could be able to directionally position in their FX exposures on hedging grounds.
