Ichimoku analysis (4 Hour chart)
Tenken-Sen- 1.19718
Kijun-Sen- 1.19323
EURUSD is consolidating after hitting a high of 1.19932 yesterday. The shortage of Coronavirus vaccine in Europe and geopolitical tensions between the US and Russia are supporting the US dollar at lower levels. US retail sales data surged to 9.8% in Mar compared to a forecast of 5.8%. The number of people who have filed for unemployment benefits declined to 576k in the previous week compared to an estimate of 703K. US 10- year yield lost more than 9.% this week and is hovering near 1.58%
DXY is trading below 92 levels; markets eye 91.50 for further bearishness. EURUSD hits an intraday low of 1.19504 and is currently trading around 1.19752.
Technical:
The pair is facing strong support at 1.19400. Any break below confirms minor bearishness, a dip till 1.1900/1.11860 likely. The near-term resistance is around 1.2000. An indicative breach above will take the pair to next level till 1.20289/1.2048/1.2100. Short-term trend reversal only above 1.2000.
Indicator (4 Hour chart)
CAM indicator –Bearish
Directional movement index – Bullish
It is good to buy on dips around 1.1950 with SL around 1.1900 for the TP of 1.2100.


Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary 



