FxWirePro- Major European Indices 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
FxWirePro- Woodies pivot (Major) 
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- Woodies pivot (Major) 
FxWirePro: USD/JPY nears 160 as intervention risk intensifies 
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K 
FxWirePro: GBP/NZD edges higher but outlook is bearish 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
Intraday trend – Neutral
Major intraday Support– 1.11800
The pair is trading below 1.13000 levels on strong US treasury yields. The policy divergence between the US fed and ECB is dragging the Euro lower. The US fed expected to taper bond buying sooner rather than later due to surging inflation is supporting the US dollar. The US dollar index trades above 96, a breach above 97 confirms a bullish continuation. Markets eye German ZEW sentiment for further direction. It hits an intraday low of 1.12534 and is currently trading around 1.12624.
Any breach below 1.12300 confirms intraday bearishness. A dip till 1.1180/1.1130/1.0860 is possible.
The immediate resistance to be watched is 1.1300; any violation above will take the pair to 1.1375/1.1435.
Indicators (4-hour)
Directional movement index –Neutral
CCI (50) - Bullish
It is good to sell on rallies around 1.1328-30 with SL around 1.13750 for a TP of 1.1180.
