FxWirePro- Major Pair levels and bias summary 
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Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
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FxWirePro- Major Crypto levels and bias summary 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.08835
Kijun-Sen- 1.09059
EURUSD showed a minor pullback after a weak US PCE index. Headline US PCE index rose 0.10% m/m, below expectations of 0.50%. Core PCE came at 0.30% m/m, in line with market expectations. It hits a high of 1.09318 and is currently trading around 1.09137.
Major economic data for the day
Jul 3rd, 2023, US ISM manufacturing PMI (2:00 pm GMT)
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in July increased to 87.40% from 71.90% a week ago.
The US 10-year yield pared some of its gains on weak US PCE. The US 10 and 2-year spread widened to -107.50% from -94.8%.
The pair trades above short-term 21 EMA, 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any indicative break above 1.0945 confirms intraday bullishness; a jump to 1.1000/1.1100 is possible. The near-term support is around 1.0900. The breach below targets 1.0865/1.0800.
Indicator (4-hour chart)
CCI – Bullish
Directional movement index – Bullish
It is good to buy on dips around 1.0860 with SL around 1.0820 for a TP of 1.100/1.1090.
