Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
Ichimoku analysis (1-Hour chart)
Tenken-Sen- 1.21820
Kijun-Sen- 1.21786
EURUSD is trading in a narrow range between 1.21450 and 1.22018 for the past two days. With no follow-through buying markets eyes US inflation and European Central Bank monetary policy tomorrow for further direction. DXY is hovering near 90 levels for the past two days. The US 10-year yield continues to trade weak after a minor pullback. EURUSD hits an intraday high of 1.219274 and is currently trading around 1.21878.
Technical:
On the higher side, near-term resistance is around 1.2220, and any convincing breach above will take the pair to next level 1.2260/1.2300/1.23485. The pair's near-term support is around 1.2150, violation below that level targets 1.2100/1.20380 (100- day MA)/1.1980.
Indicator (1-hour chart)
RSI- Bullish
Directional movement index –Bullish
It is good to buy on dips around 1.2150 with SL around 1.2100 for the TP of 1.2260.
