- EUR/USD has recovered after hitting low of 1.17170 on Sep 27th 2017. The pair shown a minor jump above 1.18000 and declined slightly after weaker than expected EU inflation. It hits intraday high of 1.18085 and is currently trading around 1.18007.
- EU inflation estimate came at 1.5% compared to forecast of 1.6% and core CPI estimate is around 1.1% compared to forecast of 1.2%. Market awaits US Core PCE data which is to be released for further direction.
- Technically pair is facing strong support at 1.17200 (200- W MA) and any convincing break below that level confirms minor weakness, a decline till 1.16600/1.1600 likely.
- On the higher side, near term resistance around 1.18080 (23.6% retracement of 1.20925 and 1.1717) and any break above will take the pair to next level till 1.1839 (50- day MA)/ 1.1870. Overall bullish continuation only above 1.20925.
It is good to sell on rallies around 1.18000 with SL around 1.1840 for the TP of 1.1660/1.1600.


FxWirePro: USD/ZAR gains some ground, but downtrend remains
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro- Woodies pivot (Major)
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: USD/CNY edges lower, scope for further downside
FxWirePro- Woodies pivot (Major)
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro: AUD/USD eases as investors await U.S. employment figures
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 



