• EUR/AUD gained on Wednesday as markets absorbed a heavy flow of headlines related to the Iran conflict
• Donald Trump said the U.S. and Iran had “productive” talks toward ending hostilities, but Iran denied any contact, keeping markets cautious.
• Despite an improvement in global risk sentiment driven by reports of a U.S. proposal aimed at ending the conflict the pair showed little reaction, reflecting underlying uncertainty about whether de-escalation will materialize.
• Europe remains highly exposed to energy price swings due to its reliance on imports through the Strait of Hormuz, a key route for a fifth of global oil now largely halted by the war.
• Strong resistance is located at 1.6681 (Daily high), any close above will push the pair towards 1.6780 (Higher BB)
• Immediate support is seen at 1.6489 (38.2%fib) and break below could take the pair towards 1.6432(SMA 20).
Recommendation: Good to 4buy around 1.6640 with stop loss of 1.6540 and target price of 1.6700


FxWirePro: GBP/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
Ethereum’s $2,200 Ceiling: Can Diplomatic Breakthroughs Dissolve the Bearish Resistance?
FxWirePro:NZD/USD edges lower, bearish outlook persists
FxWirePro: EUR/ NZD stuck in range but maintains bullish bias
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR consolidating around 16.995, room for further gains
FxWirePro: GBP/AUD edges lower, downside risk remains
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro: USD/JPY edges up, looks to extend gains 



