FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major Pair levels and bias summary 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Woodies Pivot(Major) 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Crypto levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro:EUR/AUD eases but bullish outlook persists 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.08981
Kijun-Sen- 1.09333
EURUSD trading weak for the past four days on board-based US dollar buying. It hit a low of 1.08616 yesterday and is currently trading around 1.08705.
US FOMC meeting minutes indicate that the central bank to hike rates to tackle inflation.
Major economic data for the day
Aug 17th, 2023, US Unemployment claims (12:30 pm GMT)
Philly Fed manufacturing index
According to the CME Fed watch tool, the probability of a no-rate hike in Sep decreased to 86.5% from 89% a week ago.
The US 10-year yield hits multi-week on hawkish FOMC meeting minutes. The US 10 and 2-year spread narrowed to -70% from -110%.
The pair trades below short-term 21 EMA, below 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any indicative break below 1.0830 confirms further bearishness: a decline to 1.0760/1.0700 is possible. The near-term resistance is around 1.0920. The breach above targets 1.0950/1.1000/ 1.1070/1.1100/1.1150.
Indicator (4-hour chart)
CCI – bearish
Directional movement index – Bearish
It is good to sell on rallies around 1.0900 with SL around 1.0960 for a TP of 1.0800.
