EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD holds narrow range, focus on near-term support 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
FxWirePro: GBP/USD falls to two-day low, scope for further downside 
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe 
FxWirePro- Major Pair levels and bias summary 
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish 
FxWirePro: NZD/USD hovers near one-week low, outlook bearish 
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
FxWirePro: USD/ZAR bears maintain upper hand 
Ichimoku analysis (1-Hour chart)
Tenken-Sen- 1.21094
Kijun-Sen- 1.21295
EURUSD has halted its three days of losing streak and shown a minor pullback. The pair declined drastically from a high of 1.22180 after upbeat US inflation. Markets eye Fed monetary policy and Chairman speech for further direction. The US-10 year bond yield has recovered some of its loss and jumped more than 3% from its low of 1.428%. DXY is holding above 90 levels. Any surge past 90.60 confirms further bullishness. EURUSD hits an intraday high of 1.21547 and is currently trading around 1.21180.
Technical:
On the higher side, near-term resistance is around 1.21550, and any convincing breach above will take the pair to next level 1.2200/1.2260/1.2300/1.23485. The pair's near-term support is around 1.2090/1.20400 (100-day MA).
Indicator (1-hour chart)
CAM indicator- Slightly bullish
Directional movement index –Neutral
It is good to sell on rallies around 1.21580-60 with SL around 1.2200 for the TP of 1.2050.
