• EUR/ AUD strengthened Monday as commodity linked currency like Australian weakened against euro on lower commodity prices , rising recession fears and geopolitical tensions .
• Russia rained cruise missiles on busy Ukrainian cities on Monday killing civilians and knocking out power and water suppy rising geopolitical tensions.
• The pair currently is approaching resistance at 23.6%fib. A break above would unmask 1.5500 level in the short term.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 68,while moving averages and MACD are trending higher.
• Immediate resistance is located at 1.5456(23.6%fib), any close above will push the pair towards 1.5483(Higher BB).
• Immediate support is seen at 1.5350 (38.2%fib) and break below could take the pair towards 1.5329 (5DMA).
Recommendation: Good to buy around 1.5430, with stop loss of 1.5350 and target price of 1.5500


FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: USD/JPY remains in familiar place on intervention threat
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 



