Ichimoku Analysis (4-hour chart)
Tenken-Sen- 93.08
Kijun-Sen- 93.18
US Dollar index continues to trade weak after a minor jump to 93.45. The hawkish ECB policy statement pulled Euro above 1.1900 levels yesterday. The Euro, which has more weightage in the US Dollar index is putting pressure on DXY at higher levels. Markets eye US CPI data released today for further direction. It hits an intraday low of 93.11 and is currently trading around 93.12.
On the flipside, near-term support is around 92.66, any violation below targets 92.52/92. Significant bearishness only if it breaks below 91.55.
The index is struggling to close above 200- H EMA at 93.45, an indicative break beyond will take the index till 93.66/94/94. Any breaks above 94 confirm the bearish reversal, jump till 94.85 likely.
It is good to sell on rallies around 93.25-30 with SL around 94 for TP of 91.52.


NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
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
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 



