Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.13114
Kijun-Sen- 1.13179
The pair continues to trade weak after a minor pullback till 1.13741. The policy divergence between US Fed and ECB is supporting the US dollar at lower levels. The renewed COVID cases in Europe and lockdown restrictions in Austria are putting pressure on Euro. EURUSD hits an intraday high of 1.12905 and is currently trading around 1.12844.
Technical:
On the higher side, near-term resistance is around 1.1320 and any convincing breach above will drag the pair to the next level 1.1380 1.14590/1.14845/1.1530. The pair's immediate support is at 1.1250 breaking below targets of 1.1200/1.1160.
Indicator (4-hour chart)
Directional movement index –Bearish
It is good to sell on rallies around 1.1318-20 with SL around 1.1380 for a TP of 1.1200.


NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: GBP/NZD gains some ground but outlook is bearish
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro- Major Crypto levels and bias summary
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro- Major European Indices 



