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FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
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FxWirePro:GBP/NZD recovers ground after early dip, bias bullish 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
- On the daily charts, AUD/CAD has taken major trendline support at 0.9320 and edged higher to currently trade around 0.9360 levels.
- Data released earlier today showed that headline Australian private capex figures came in much weaker than expectations.
- Q1 Australian capex (private capital expenditure) reading shows a capex of -5.2% q/q vs -3.5% expected and compared to a revised +1.8% last quarter.
- Aussie saw a 15-pips knee-jerk slump, but later reversed losses, RBA Governor Stevens’ dovish comments earlier this week still weigh on the upside.
- Pair finds stiff resistance at 0.9368 (78.6% Fib retrace of 0.9150 to 1.0169), break above can see upside till 0.9415.
- On the flipside, break below 0.9324 can see a drag till 0.9150 (Aug 2015 lows).
Recommendation: Buy breakout above 0.9368, SL: 0.9350, TP: 0.94/0.9415
