FxWirePro: GBP/AUD recovers slightly but outlook is still bearish 
FxWirePro: USD/ZAR gains upside momentum as bulls take charge 
FxWirePro: EUR/ NZD under pressure after early buying dries up 
FxWirePro: EUR/AUD edges higher but bearish outlook persists 
FxWirePro: NZD/USD edges lower as Geopolitical risks keep risk sentiment fragile 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD nurses losses in subdued trading 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
AUDJPY Dip-Buy Setup: 113.58 Entry Aims for 115 
FxWirePro: EUR/ NZD recovers some ground but bears are not done yet 
FxWirePro: USD/ JPY remains buoyant, looks to extend gains 
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Woodies pivot (Major) 
- Cable has shown a further decline after UK jobs data. UK Jobless rate remains at 4.3%, lowest since 1975. The number of people claiming unemployment benefits increased to 1.7K compared to forecast of 1K. But wage growth shown a minor jump but still below inflation. Pound sterling hits intraday low of 1.3140 on weak wage growth.
- The near term major resistance is around 1.3225 (34- day EMA) and any break above will take the pair to next level till 1.3300/1.3325 (20- day MA)/1.3400. The minor resistance is around 1.3180.
- On the lower side, 1.3180 will be acting as major support and any break below will drag the pair down till 1.3120/1.30750 level. Bearish continuation can be seen only below 1.3030.
It is good to sell on rallies around 1.3200 with SL around 1.3250 for the TP of 1.3120/1.3075.
