• EUR/USD declined to its weakest level in seven months as higher energy prices and conflict concerns weighed on European currency .
• Europe relies heavily on imported oil and liquefied natural gas, making it especially vulnerable as prices have surged more than 25% to nearly $120 a barrel, raising concerns over supply shocks.
• An extended war may lift fuel and shipping costs further, worsening the weak growth outlook.
• European central banks faced market pressure on Monday to raise interest rates, with the ECB expected to hike by June or July.
• The French finance minister noted that G7 countries remain undecided on releasing emergency oil supplies as crude tops $119 per barrel.
• Immediate resistance is located at 1.1537( Daily high), any close above will push the pair towards 1.1587( 50%fib)
• Strong support is seen at 1.1421(23.6% fib) and break below could take the pair towards 1.1363 (Lower BB).
Recommendation: Good to buy around 1.1450, with stop loss of 1.1500 and target price of 1.1350


FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption
EUR/USD Consolidation Setup: Buy Dips at 1.1650 for a Move to 1.1760
EURUSD Trades Flat Amidst NFP Revision and Jackson Hole Ahead; Technicals Suggest Buying Opportunity
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path
AUDJPY Surges to One-Month High on Australian Dollar Strength
FxWirePro- Major Crypto levels and bias summary
ETH/USD Trade Setup: Buy Dips Near $2,300 with Eyes on a $3,000 Breakout Target
FxWirePro: GBP/AUD extends decline, vulnerable to more downside
FxWirePro:EUR/NZD bears maintain upper hand
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech
FxWirePro: GBP/AUD dips below 1.9000 level , vulnerable to more downside
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals 



