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FxWirePro: USD/JPY edges up as yen dips after soft household spending data 
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD edges up, remains on front foot 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD eases as market awaits Iran deadline 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD reverses course, bias back to downside 
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
- AUD/CAD halts 5 consecutive days of losses, takes support by double bottom at 0.9851 (Dec 1, Jan 18).
- The pair edged higher to hit 0.9884, but was rejected at session highs, slips lower to currently trade at 0.9868.
- Series of major support levels align as follows on the downside:
Cloud top - 0.9855
Double bottom 0.98512
50-DMA - 0.9844
20-DMA - 0.9838
200-DMA - 0.9826
- Technical studies are bearish, Stochs are biased lower, RSI is below 50 levels and MACD is on verge of a bearish crossover on signal line.
- The pair remains pivotal around 0.9826 levels (200-DMA), break below will accentuate weakness.
- We then see scope for test of 0.9650 levels.
Call update: Our previous call (http://www.econotimes.com/FxWirePro-AUD-CAD-breaks-100-DMA-bias-higher-stay-long-495898) has achieved all targets.
Recommendation: We advice wait for break below 200-DMA at 0.9826 to go short.
