FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro- Major Pair levels and bias summary 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
FxWirePro- Major Pair levels and bias summary 
From last 6-8 months of consolidation pattern has been showing little spikes but hanging at channel resistance and at 7EMA.
We now emphasize "0.7259" (7DMA areas) as a strong support on the upswings as shown on the daily graph.
The intermediate bull trend is confirmed as 7DMA has crossed over 21DMA that signals buy, as a result we’ve seen bullish sentiments in this pair.
While both daily and monthly RSI are also converging to these upswings considering medium term perspectives. Same is the case on the stochastic curves, %K crossover ensures momentum in buying sentiments.
MACD is also substantiating this strength in bull trend on both daily and monthly charts.
Hence, contemplating this consolidation pattern, we think this pair is likely to drag the rallies up to 0.7428 levels in the medium run.
Well, for now, the advice for long-term investors is to go long in near month futures for the above targets.
But for the intraday speculative purpose, one can think one touch binary calls for a target of 30-40 pips.
