- EUR/USD is trading weak during European session and declined almost more than 50 pips on account of rising US 10 –year bond yields. The weak of Eurozone also supporting dollar price rise. The yield difference between US 10 year bond and German yields is above 230 basis point highest level since late Dec 2016.The pair declined till 1.2290 and is currently trading around 1.23075.
- US 10 year bond yield breaks 2.9% on positive economic data. US initial jobless claim fell 1000 to 232K (est 230k) lowest level in 3- weeks. The Philadelphia Fed Index came in at 23.2 for Mar compared to forecast of 20.5.
- The pair is facing minor near term support is around 1.2260 and any break below will drag the pair down till 1.2200/1.2165. Overall bearish continuation below 1.2165.
- On the higher side, near term resistance is around 1.2400 and any convincing break above will take the pair to next level till 1.24450 (Mar 7th 2018 high)/1.2470.Major bullishness only above 1.2550.
It is good to sell on rallies around 1.2335-40 with SL around 1.2380 for the TP of 1.2260/1.2200.


FxWirePro : USD/JPY slips as Yen firms on further Intervention talk
FxWirePro: GBP/AUD under pressure as the pair continues to weaken
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro: GBP/NZD downtrend extends, remains on bearish path
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600
FxWirePro: NZD/USD turns lower as USD regains footing
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 



