EURUSD has pared most of its loss made in this week and gained more than 100 pips from the low of 1.14322. The jump was mainly due to comments by Donald Trump on interest rate hike. US 10 year yield has lost more than 3% after hitting multiyear high at 3.25% and 2 year yield declined more than 4% from high of 2.90% to 2.84%.. The rising 10 year Italy bond yield due to high debt and political uncertainty is expected to put cap on Euro upside.
Markets eye US CPI data which is to be released today for further direction.
On the higher side, near term strong resistance is around 1.1630 (20- day MA) and any break above targets 1.1660/1.1720.The pair should break above 1.1800 for further bullishness continuation.
The near term minor support is around 1.1500 and any violation below targets 1.1460/1.1430. Any convincing break below 1.1430 confirms major bearishness.
It is good to buy on dips around 1.1550 with SL 1.1500 for the TP of 1.1700


US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR gains as weak SA Manufacturing data hits rand
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD bears maintain upper hand
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: AUD/USD cedes early gains ,outlook bearish 



