- EUR/USD has pared some of its gains in today’s European session after weak German ZEW sentiment data. The pair declined sharply almost 50 pips from the intraday high of 1.24137. It hits low of 1.23648 and is currently trading around 1.23761.
- German ZEW fell to -8.2 points compared to forecast of -0.8. The pair is facing minor near term support is around 1.2300 and any break below will drag the pair down till 1.2260/1.2200. Overall bearish continuation below 1.2165.
- On the higher side, near term resistance is around 1.2400 and any convincing break above will take the pair to next level till 1.24450 (Mar 7th 2018 high)/1.2470.Major bullishness only above 1.2550.
It is good to buy on dips around 1.2340-45 with SL around 1.2290 for the TP of 1.2445/1.24700.


FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: AUD/USD grinds higher amid risk appetite revival
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves 



