Sterling Crushed by Double-Contraction GDP – EURGBP Spikes, Next Stop 0.8850–0.8900 
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints 
FxWirePro: USD/JPY caught in narrow range, bias bearish 
FxWirePro: GBP/USD dips on UK GDP data miss 
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: GBP/AUD recovers slightly but bears are not done yet 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support 
FxWirePro- Major Pair levels and bias summary 
- AUD/NZD is trading around 1.0487 marks.
- Pair made intraday high at 1.0504 and low at 1.0455 marks.
- Intraday bias remains neutral till the time pair holds initial support at 1.0470 marks.
- On the top side, a sustained close above 1.0547 will drag the parity higher towards 1.0647/1.0748/1.0823/1.0976 (January 2016 high) /1.1062 (30D EMA)/1.1123/1.1298/1.1317 levels respectively.
- Alternatively, a daily close below 1.0455 will take the parity down towards key supports around 1.0408(June 9, 2016 low), 1.0362 and 1.0231 marks respectively.
- Important to note here that, 20D, 30D and 55D EMA heads down and confirms bearish trend in a daily chart.
- The Brexit decision did not influence the parity and pair remains firm below 1.05 marks.
Positioning is inconclusive at this point, with prices offering no clear cut signal to initiate a long or short trade. We will continue to remain on sidelines for the time being.
