FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD gains on upbeat UK retail sales data 
FxWirePro: GBP/USD falls as fragile ceasefire keeps investors on edge 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD recovers slightly but outlook is still bearish 
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst 
FxWirePro: GBP/NZD downtrend loses momentum but bearish setup remains 
FxWirePro: AUD/USD nurses losses in subdued trading 
Euro Stabilizes Near 1.1713 as IFO Weakness Meets Oil Volatility; 1.1800 in Focus 
GBPJPY Rises on Solid UK Data: Dip-Buy Setup at 214.6 Eyes 217 
FxWirePro: EUR/AUD edges higher but bearish outlook persists 
FxWirePro: GBP/AUD maintains bearish bias with focus on 1.8800 
FxWirePro: USD/ JPY remains buoyant, looks to extend gains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ NZD under pressure after early buying dries up 
FxWirePro: GBP/NZD continues to recovers , upside pressure builds 
FxWirePro's Hourly Currency Index bias for AUD/NZD at 0500 GMT: Bearish
FxWirePro's Hourly AUD Spot Index: -122.59 (Bearish)
FxWirePro's Hourly NZD Spot Index: 90.5586 (Bullish)
Technical Analysis: Bias Bearish
- Price action rejected at daily cloud
- Breaks below 5 and 20 day moving averages
- RSI has turned south and Stochs are biased lower
- Bearish divergence seen on RSI and Stochs on weekly charts
Data Drivers:
- Australia Q3 GDP data missed expectations
- +0.6 pct q/q, (forecasts +0.7 pct), +2.8 pct y/y (forecasts +3.0 pct)
Support levels - 1.0960 (100-DMA), 1.0887 (38.2% Fib retrace of 1.0237 to 1.1290 rally), 1.0825 (200-DMA)
Resistance levels - 1.1045 (5-DMA), 1.1051 (20-DMA), 1.1090 (cloud top)
Recommendation: Stay short for 100-DMA (1.0960). Watch out for break below for further downside. Target 1.090/ 1.0825.
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