FxWirePro- EURUSD Daily Outlook
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.00251
Kijun-Sen- 1.00021
EURUSD holds above 1.000 level on rate hike hope by ECB. Eurozone consumer prices surged to 9.1% in August compared to a forecast of 8.9% also increasing the chance of a rate hike to 68% by the ECB. Markets eye US ISM manufacturing PMI Board consumer confidence for further direction.
US 10-year yield rose by 25% from a minor bottom of 2.518%. The spread between German and Italian yields was close to 2.30%.
According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep rose to 73% from 64% a week ago.
EURUSD hits a high of 1.00790 and is currently trading around 1.00460.
Technical:
On the higher side, near-term resistance is around 1.0400 and any convincing breach above will drag the pair to the next level of 1.075/1.0100.
The pair's immediate support is at 0.9970, breaking below targets of 0.9940/0.9890.
Indicator (4-hour chart)
Directional movement index – Bullish
It is good to buy on dips around 0.9978-80 with SL around 0.9948 for a TP of 1.0650.


AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: EUR/AUD downward momentum remains in place
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Woodies pivot (Major)
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 



