EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro- Major Pair levels and bias summary 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro- Major Pair levels and bias summary 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: AUD/USD dips after RBA Governor speech 
Ichimoku analysis (4-Hour chart)
Tenken-Sen- 1.18235
Kijun-Sen- 1.18266
EURUSD has lost more than 50 pips after US inflation data. The US CPI m/m came at 0.9% and 5.4% in June from a year earlier, the highest level since 2008. Markets eye US Fed chairman Powell for further direction. The recovery in US bond yield is also supporting the US dollar. EURUSD hits an intraday high of 1.17971 and is currently trading around 1.17966.
Technical:
On the higher side, near-term resistance is around 1.1835 and any convincing breach above will take to the next level 1.1865/1.19070/1.19655/1.200. The pair's near-term support is at 1.17800, break below targets 1.17150.
Indicator (4-hour chart)
CAM indicator-bearish
Directional movement index – bearish
It is good to sell on rallies around 1.1838-40 with SL around 1.1870 for the TP of 1.1760/1.1715.
