FxWirePro: USD/CAD loses upside momentum but outlook is bullish 
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation 
Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90 
FxWirePro: GBP/AUD falls after BoE rate hold 
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum 
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data 
FxWirePro: GBP/AUD edges higher but maintains bearish bias 
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices 
JPY Major Currency Score 
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength 
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens 
FxWirePro: USD/CAD neutral in the near term, scope for further upside 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes 
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails 
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level 
FxWirePro: NZD/USD edges lower, remains on back foot 
Add as a preferred source on Google
• EUR/AUD strengthened on Thursday as higher US yields falling Iron-ore , copper prices weighed on Australian dollar.
• Copper prices extended declines on Thursday to hit two-month lows, weighed down by a stronger U.S. dollar and concerns about demand from top consumer China.
• Iron ore futures prices fell to a three-week low on Thursday, as supply of the crucial steelmaking component remained steady despite a lower steel market outlook.
• The is pair heading towards the 38.2%fib, as near term direction of the pair is likely to be driven by current price action.
• Technical signals are bullish as RSI is at 53, daily momentum studies 5,9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.6362 ( 38.2%fib), any close above will push the pair towards 1.6446(23.6%fib)
• Strong support is seen at 1.6293 (50%fib ) and break below could take the pair towards 1.6223 (61.8%fib).
Recommendation: Good to buy around 1.6340, with stop loss of 1.6300 and target price of 1.6400
