Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro- Major European Indices 
FxWirePro: AUD/USD dips on soft China data 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
FxWirePro: USD/CAD pauses decline,critical support lies ahead 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: USD/JPY slips as yen gains ahead of BOJ meet 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
FxWirePro- Major European Indices 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro: USD/CNY outlook weaker on renewed downside pressure 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
EURUSD is trading weak for past sixth consecutive day and lost nearly 200 pips after dovish ECB comment. ECB President Draghi warned that Eurozone economy is performing much worse unexpectedly on account of Brexit uncertainty and international trade concerns. The pair hits low of 1.13711 and is currently trading around 1.13908.Eurozone inflation data came slightly weaker than expected. It is currently trading around 1.13910.
On the lower side the pair is facing strong support at 1.1300 and any break below targets 1.12600/1.1200. The pair should break below 1.1200 for further weakness.
The near term major resistance is around 1.1435 and any break above targets 1.14700 (100- day MA)/1.1500/1.15900. Any close above 1.16350 200-day MA confirms further bullishness and a jump till 1.1700/1.1733/1.18150.
It is good to sell on rallies around 1.1470-75 with SL around 1.1550 for the TP of 1.1300/1.1260.
