Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/AUD moves lower on weak UK data 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major European Indices 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
EURUSD holds above 1.0600 ahead of the US Nonfarm payroll. It hit a high of 1.06675 yesterday and is currently trading around 1.06302.
The US economy is expected to add 178000 jobs in Oct from 336000 the previous month. Unemployment rate to remain flat at 3.8%.
The number of people who have claimed unemployment benefits rose by 5000 last week to 217000, compared to a forecast of 21000.
Major Economic data for the day
Nov 3rd, 2023, US Nonfarm payroll (12:30 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Nov increased to 80.4% from 79.5% a day ago.
The US 10-year yield traded weak for the second consecutive day and hit its lowest level since Oct 13th, 2023. The US 10 and 2-year spread widened to -33% from -22%.
The pair trades above short-term 21 EMA, 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any break above 1.0700 confirms further bullishness. A jump to 1.0760/1.0800 is possible. The near-term support is around 1.0580, and any breach below targets is 1.0515/1.04800. Bullish invalidation only if it breaks below 1.0440.
Indicator (4-hour chart)
CCI – bullish
Directional movement index – Neutral
It is good to sell on rallies around 1.0598-60 with SL around 1.0700 for a TP of 1.0440
