FxWirePro: NZD/USD softens on Iran peace talk failure 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD retreats slightly but trend is still bullish 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: USD/JPY edged higher as dollar gains as peace talks falter 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro- Major European Indices 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro: USD/JPY holding bid into weekend 
- EUR/JPY slumps, down 0.66% at the time of writing as eurozone CPI fails to impress.
- The pair has slipped below 130 handle and was currently trading at 129.75, bias lower.
- Upside was rejected at 50-DMA on May 14th trade, we see upside only on break above.
- Technical indicators are biased lower, RSI biased south, MACD below zero and we see -ve DMI dominance.
- Next bear target lies at 129.35 (major trendline). Break below will see test of 38.2% Fib at 128.85.
- On the flipside, we see major resistance at 131.27 (nearly confirmed 50 and 20 DMAs). Upside only on break above.
Support levels - 129.35 (trendline), 129, 128.85 (38.2% Fib)
Resistance levels - 130, 130.43 (5-DMA), 131.27 (nearly confirmed 50 and 20 DMAs)
Recommendation: Good to go short on rallies around 130, SL: 130.50, TP: 129.35/ 129/ 128.85
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.
