Ichimoku analysis (4-hour chart)
Tenken-Sen- 1.21318
Kijun-Sen- 1.21159
EURUSD is trading higher and holding above 1.21500 on upbeat market sentiment. The Coronavirus vaccination rollout, declining new COVID-19 cases and hopes of more US stimulus are putting pressure on the US dollar index at higher levels. DXY is trading weak, any violation below 90 confirms bearish continuation. It has surged more than 10% in past one week. EURUSD hits an intraday high of 1.21571 and is currently trading around 1.21480.
Technical:
The pair is trading slightly above 200-4H MA. It confirms minor bullishness, a jump till 1.2200/1.2260 likely. The near-term support is around 1.2080. Breach below will drag the pair down till 1.2050/1.2000/1.19550/1.1900.
It is good to buy on dips around 1.2128-30 with SL around 1.2080 for the TP of 1.2260.


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: GBP/AUD gains some upside momentum but still bearish
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 



