FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/AUD moves lower on weak UK data 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Major European Indices 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.07863
Kijun-Sen- 1.08250
EURUSD trades flat ahead of US Nonfarm payroll data. It hit a high of 1.08177 and is currently trading around 1.07768.
The number of people who have filed for unemployment benefits rose by 1000 to 220K for the week ending Dec 2, compared to a forecast of 221 K.
Major economic data for the day
Dec 7th, 2023, US initial jobless claims (1:30 pm GMT)
According to the CME Fed watch tool, the probability of a no-rate hike in Dec increased to 98.60% from 97.1% a week ago.
The US 10-year yield jumped slightly ahead of US NFP data. The US 10 and 2-year spread widened to -44.5% from -14.50%.
The pair trades below short-term 21 EMA, above 55 EMA, and long-term (200-EMA) in the 4-hour chart. Any break below 1.0750 confirms further bearishness. A decline to 1.0700/1.0660 is possible. The near-term resistance is around 1.0800 and any breach above targets is 1.0865/1.0900/1.0965. Bullish invalidation only if it breaks below 1.0440.
Indicator (4-hour chart)
CCI – bearish
Directional movement index – Bearish
It is good to sell on rallies around 1.0800 with SL around 1.0855 for a TP of 1.0700.
