Ichimoku analysis (4-Hour chart)
Tenken-Sen- 1.180374
Kijun-Sen- 1.17754
EURUSD hits a multi-week high and holding above 1.1800. The declining US treasury yields after dovish Fed Powell comments are putting pressure on the US dollar. The US dollar index trades below 200-4H MA, a dip till 92 is possible.
Economic data:
The US pending home sales declined slightly by 1.8% in July, the second month in a row compared to an estimated 0.5% rise. Markets eye Eurozone CPI, US CB Consumer Confidence, and Chicago PMI for further direction.
Technical:
On the higher side, near-term resistance is around 1.18350 and any convincing breach above will take to the next level 1.18850/1.1920. The pair's near-term support is at 1.1780, break below targets 1.1750/1.1700/1.1660.
Indicator (4-hour chart)
CAM indicator-Bullish
Directional movement index – Bullish
It is good to buy on dips around 1.1820 with SL around 1.1780 for the TP of 1.1900.


FxWirePro- Major Crypto levels and bias summary
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major US Indices
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro- Major European Indices
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 



