CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Woodies Pivot(Major) 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Woodies Pivot(Major) 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Major European Indices 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/AUD moves lower on weak UK data 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.04918
Kijun-Sen- 1.05386
EURUSD is trading near a year low in hopes of another 25 bpbs rate hike by the Fed. It hit a low of 1.0460 at the time of writing and is currently trading around 1.04873.
US private sector employment rose 89000 in Sep, compared to a forecast of 154000. US ISM services PMI rose 53.6 in Sep vs .estimate of 53.50.
According to the CME Fed watch tool, the probability of a no-rate hike in Nov decreased to 76.40% from 77.50% a week ago.
The US 10-year yield declined more than 3.5% on mixed US economic data. The US 10 and 2-year spread narrowed to -32% from -75%.
The pair trades below short-term 21 EMA, below 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any break below 1.04480 confirms further bearishness. A decline to 1.0400/1.0340 is possible. The near-term resistance is around 1.0550, and any breach above targets is 1.0600/1.0660.
Indicator (4-hour chart)
CCI – Bearish
Directional movement index – Bearish
It is good to sell on rallies around 1.0548-550 with SL around 1.0600 for a TP of 1.0400.
