FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 
FxWirePro: GBP/USD slips lower as dollar firms after Warsh comments 
NZDJPY Holds 95 Amidst Buying Pressure, Technicals Point to Potential Downtrend 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD neutral in the near term, scope for downward resumption 
FxWirePro: USD/CNY hovers around 3-1/2 years low, Outlook bearish 
FxWirePro: GBP/AUD extends decline, vulnerable to more downside 
JPY Major Currency Score: NZDJPY and AUDJPY Lead with Extremely Bullish Momentum 
FxWirePro: USD/JPY trades flat ahead of Warsh's policy signals 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/USD trades in narrow range as markets await Fed guidance 
AUDJPY Surges to One-Month High on Australian Dollar Strength 
FxWirePro: AUD/USD hits three-month peak,scope for futher upside 
Add as a preferred source on Google
• AUD/USD edged higher on Wednesday as U.S. dollar retreated following softer-than-expected U.S. June inflation data that eased expectations for near-term Federal Reserve rate hikes.
• Top Fed officials welcomed softer June inflation but said more evidence is needed to confirm inflation is easing sustainably.
• Improved risk appetite, driven by strong U.S. bank earnings and a rebound in chip stocks, also underpinned the Australian dollar.
• Meanwhile, expectations for further policy tightening remained limited despite the Reserve Bank's three rate hikes since February..
• Markets currently price a 20% chance of an August rate hike and about a 60% probability by December.
• Immediate resistance is located at 0.7009(50%fib), any close above will push the pair towards 0.7041(Higher BB).
• Support is seen at 0.6949 (SMA20) and break below could take the pair towards 0.6905(61.8%fib).
Recommendation: Good to buy around 0.6970 with stop loss of 0.6710 and target price of 0.7050
