- EUR/USD pared some of its losses made in European session after slightly weaker than expected German IFO data. German IFO falls below expected level in Apr. It came at 102.1 in Apr compared to forecast of 102.80 and down from 103.3 in March. The Ifo 'current business assessment ‘also came at 105.7 slightly weaker than expected level of 106. The pair jumped till 1.2223 and is currently trading around 1.22131
. - US 10- year bond yield hits 2.99% yesterday highest level since Jan 10th 2014, while two year hits highest level since Sep 2008.
- The pair is facing minor near term support is around 1.2180 and any break below will drag the pair down till 1.2150/1.2100. Short term bearish continuation below 1.2150.
- On the higher side, near term resistance is around 1.22375 (23.6% fibo) and any convincing break above will take the pair to next level till 1.2249 (55- H EMA)/1.2300.Major bullishness only above 1.2550.
It is good to buy on dips around 1.2200 with SL around 1.2160 for the TP of 1.2300/1.2318.


Major Pair Currency Scores: GBPUSD, USDCAD, AUDUSD & NZDUSD Lead as Top Bullish Pairs to Watch
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD grinds higher amid risk appetite revival
FxWirePro: AUD/USD firms after upbeat consumer spending data
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: USD/CNY edges higher, outlook bearish 



