EURUSD has declined slightly after showing a minor jump till 1.11067 yesterday. The pair is trading weak and major intraday weakness only below the hitting low of 1.0729. The incoming trade-related optimistic news is supporting Euro at lower levels. Markets already priced in 25 bps rate cut, any dovish tone will push dollar further down. It is currently trading around 1.10784.
US 10-year yield is trading higher for 3rd week and hits 1-1/2 month high. The spread between US and German bund 10- year yield widened to 218 bps from 211 bps.
On the flips side, near-term support is around 1.1070 and any violation below will drag the pair down till 1.10370/1.100.
The resistance is around 1.1120 and any convincing above targets 1.1150/1.11780. Minor trend reversal only above 1.11780.
It is good to sell on rallies around 1.1120 with SL around 1.1178 for the TP of 1.100.


Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR edges higher, set to stay on back foot
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
ECB Hikes, Euro Dives: EURUSD Bears Reload for a Run to 1.1400
FxWirePro- Woodies pivot (Major)
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
FxWirePro: AUD/ USD strongly bearish despite upside attempts 



