Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.01368
Kijun-Sen- 1.00767
EURUSD gained more than 100 bpbs on board-based US dollar selling. Euro gained momentum against all majors after a Reuters report said that European Central Bank expected to hike rates by 25 or 50 bpbs at their meeting on Thursday. According to the CME Fed watch tool, the probability of a 100 bpbs rate hike in Jul rose to 30.9% from 29.1% a day ago.
EURUSD hits an intraday high of 1.02534 and is currently trading around 1.02298.
Technical:
On the higher side, near-term resistance is around 1.0300 and any convincing breach above will drag the pair to the next level of 1.0350/1.0500/1.075.
The pair's immediate support is at 1.010, breaking below targets of 1/0.9940.
Indicator (hourly chart)
Directional movement index – Bullish
It is good to buy on dips around 1.0200 with SL around 1 for a TP of 1.075.


FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY upside capped as intervention risk limit upside
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 



