• EUR/AUD declined on Friday as higher commodity prices and China optimism boosted Australian dollar.
• China cut its prime rate for five-year loans, which influences mortgage prices, by 15 basis points in a reduction that was sharper than expected.
• EUR/AUD drops but slide halts at the 1.4950(50%fib),break below will accelerate towards 1.4800 level.
• Immediate resistance is located at 1.5120 (38.2%fib), any close above will push the pair towards 1.5212 (Higher BB).
• Strong support is seen at 1.4950 (38.2%fib) and break below could take the pair towards 1.4893(9th May low).
Recommendation: Good to sell around 1.4980, with stop loss of 1.5120 and target price of 1.4900


FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro:USD/JPY hovers near a four-decade low
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 



