Major support - 1.1200
EURUSD has declined more than 40 pips after ECB President Draghi speech. The European Central Bank (ECB) Draghi said that there is possibility of stimulus through rate cuts or asset purchases if inflation doesn’t reach target. The pair hits intraday low of 1.11880 and is currently trading around 1.11959.
Markets eye US Fed monetary policy meeting on Wednesday for further direction. The pair further declined after release of slight weaker than expected German ZEW economic sentiment data. It came at -20.2 compared to forecast of -3.6.
The near term resistance is around 1.1250-1.1265 (100- day MA) and any violation above will take the pair to next level till 1.1300/1.13450.
On the flip side, near term support is around 1.11750 any convincing break below will drag the pair till 1.1140/1.1100.
It is good to sell on rallies around 1.1235-40 with SL around 1.12700 for the TP of 1.1145.


FxWirePro: USD/CNY dips to hit three year low,scope for further downside
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Woodies pivot (Major)
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major) 



