Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.09202
Kijun-Sen- 1.09033
EURUSD consolidating after a nice pullback above 1.09500. The pair gained momentum after weak US jobs data. It hits a high of 1.09717 and is currently trading around 1.09539.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in July increased to 92.40% from 86.80% a week ago.
The US 10-year yield hits the highest level since 2007 despite weak US jobs data. The US 10 and 2-year spread narrowed to -86.80% from -110%.
The pair trades above short-term 21 EMA, 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any indicative break above 1.0965 confirms intraday bullishness; a jump to 1.1000/1.1100 is possible. The near-term support is around 1.0900. The breach below targets 1.0865/1.0830/1.0800.
Indicator (4-hour chart)
CCI – Bullish
Directional movement index – Neutral
It is good to sell on rallies around 1.0950 with SL around 1.100 for a TP of 1.0800.


FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
FxWirePro- Major Crypto levels and bias summary
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
Crypto Bias Report: Trend Signals and Top Bullish Picks
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 



