• EUR/AUD declined on Thursday French election concerns led traders to sell short.
• President Emmanuel Macron shocked France last month by calling a snap election, he was gambling with the future of Europe as well as his own country..
• EUR/AUD currency pair is facing increased downside pressure, with a critical support level coming into focus.
• Technical signals are bearish as RSI is at 38, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.6161 (38.2% fib), any close above will push the pair towards 1.6227 (50% fib)
• Stong support is seen at 1.6061 (23.6% fib) and break below could take the pair towards 1.5974(Lower BB).
Recommendation: Good to sell on rally around 1.6100, with stop loss of 1.6180 and target price of 1.6030


FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro -Major European Indices
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: AUD/USD edged lower as early optimism over U.S.–Iran peace talks fade
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro- Major Pair levels and bias summary
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major Crypto levels and bias summary 



