FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro- Major Crypto levels and bias summary 
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660? 
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92 
FxWirePro-Major European Indices 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD loses momentum but bullish setup remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: USD/JPY extends fall as yen rises on intervention fears 
FxWirePro- Major Pair levels and bias summary 
0.7870 Break Looms – Next Stop 0.7800 for USDCHF? 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback 
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path 
FxWirePro: GBP/USD advances on steady UK GDP growth 
AUD/NZD chart - Trading View
Technical Analysis: Bias Bearish
- GMMA indicator shows major trend is turning bearish while minor trend is strongly bearish.
- Price action has slipped below 200-week MA
- Volatility is high and rising as evidenced by widening Bollinger bands
- Stochs and RSI are sharply lower, momentum indicators are strongly bearish
Support levels - 1.0590 (Oct 2020 low), 1.0542 (76.4% Fib retracement), 1.05
Resistance levels - 1.0676 (110-week EMA), 1.0696 (200-week MA), 1.07
Summary: AUD/NZD down over 1.50% for the week till date. Technical analysis show further weakness likely. On the data front, Australia’s Q1 Private Capital Expenditure jumped 6.3%, beating the 2.0% market consensus and 3.0% previous readouts. Further, China's Industrial Profits eased to 57.0%, below 92.3% YoY previous readouts in April. Mixed data failed to impress Aussie bulls. Hawkish RBNZ to drive further weakness.
