EUR/USD has shown a minor recovery after US non farm payroll data. The pair has started to decline sharply and lost more than 80 pips. US economy has added only 157000 jobs for the month of Jul compared to forecast of 193000 and unemployment rate declines below 4% and wage growth are steady at 2.7%. But upward revision 248000 shows that labor market is growing at stronger pace. It hits low of 1.15300 at the time of writing and is currently trading around 1.15325.
US 10 year bond yield has lost more than 2% after hitting high of 3.0160%. It is currently trading around 2.95%.
EUR/USD’s near term support is around 1.1500 and any convincing break below 1.1500 confirms minor weakness and decline till 1.1400/1.13600 is likely.
On the higher side, near term resistance is around 1.1645 (7- day MA) and any break above will take the pair to next level till 1.1680 (20- day MA)/1.1750/1.1800. The minor resistance is around 1.1600.
It is good to sell on rallies around 1.1585-590 with SL around 1.1645 for the TP of 1.1500/1.1400.


NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention.
FxWirePro- Major Pair levels and bias summary
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
DAX & CAC40 Score Perfect 100 Trend, FTSE100 Lags at 85 – Key Levels to Watch on the Perfect Scorers
FxWirePro: NZD/USD turns lower as USD regains footing 



