Ichimoku Analysis (1-hour chart)
Tenken-Sen- 93.55
Kijun-Sen- 93.63
US Dollar index continues to trade weak after a minor consolidation. The index recovered nearly 150 pips from minor bottom 92.55. The declining US 10- year yield is putting pressure on the US dollar index at higher levels. The number of cases in the U.S due to coronavirus crossed 4.8 million and deaths at 159261. It hits an intraday high of 93.27 and is currently trading around 93.56.
On the flipside, near-term support is around 93.25, any violation below targets 93/92.55. Significant bearishness only if it breaks below 92.50.
The index is struggling to close above 200- H EMA at 93.86, an indicative close above will take the index till 94.54/95.15. Any breaks above 95.80 confirm the bearish reversal, jump till 97 likely.
It is good to sell on rallies around 93.75-80 with SL around 94.20 for TP of 92.55.


FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Woodies pivot (Major)
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
FxWirePro- Major Pair levels and bias summary
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/NZD gains some upside momentum but still bearish
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 



