FxWirePro: GBP/USD advances on steady UK GDP growth 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro- Major US Indices 
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: USD/CAD slips as oil rally boosts loonie 
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes 
Ichimoku analysis (1-Hour chart)
Tenken-Sen- 1.17896
Kijun-Sen- 1.17923
EURUSD is trading weak after a minor pullback above the 1.1800 level. The surge in delta variant Coronavirus and decline in German IFO business climate is putting pressure on Euro. The slump in Chinese tech shares for the second consecutive days due to a crackdown by Chinese authorities on tech and other industries has increased demand for safe-haven like the US dollar. Markets eye US durable goods orders and Conference board consumer confidence for further direction. The pair hits an intraday low of 1.17744 and is currently trading around 1.17780.
Technical:
On the higher side, near-term resistance is around 1.1835 and any convincing breach above will take to the next level 1.1880/1.19070/1.19655/1.200. The pair's near-term support is at 1.1750, break below targets 1.1700/1.1660.
Indicator (1-hour chart)
CAM indicator-Bearish
Directional movement index – Bearish
It is good to sell on rallies around 1.1788-90 with SL around 1.1835 for the TP of 1.1700.
