Ichimoku analysis (4-Hour chart)
Tenken-Sen- 1.24746
Kijun-Sen- 1.24385
Previous week low- 1.23090
The pair surged more than 150 pips from yesterday's low of 1.24481. The minutes of the Fed reflect more optimism over US economic recovery. The Fed has not given any timeline for the scale-back QE program due to the uncertainty. WTI crude oil price lost more than $5 on profit booking after hitting a 6-year high. Short term trend is bearish as long as resistance $77 holds.
Trend –Bullish
The near-term resistance is around 1.2600, a breach above targets 1.2630/1.2660/1.2700. On the lower side, immediate support stands around 1.24975; violation below will take the pair down to the next level 1.2430//1.2360.
It is good to buy on dip around 1.2518-20 with SL around 1.2470 for TP of 1.2660.


EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Woodies pivot (Major)
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro- Major Crypto levels and bias summary
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 



