• EUR/AUD extended gains on Tuesday as risk-sensitive currencies like Aussie dollar weakened as investors were cautious due to growing conflict in the Middle East.
• There was a muted reaction to mixed China data. China's Q1 GDP growth comfortably topped forecasts while March retail sales, output data suggest momentum remained soft.
• EUR/AUD bulls confidence is running high, a test of the 1.6663 (23.6%fib) highly seems likely.
• From a technical viewpoint, RSI is strongly bullish at 56, daily momentum studies, 5, 10 and 21 daily SMAs all climb.
• Immediate resistance is located at 1.6616(Daily high), any close above will push the pair towards 1.6663 (23.6%fib).
• Immediate support is seen at 1.6560 (38.2% fib) and break below could take the pair towards 1.6500 (EMA 5).
Recommendation: Good to buy on dips around 1.6560, with stop loss of 1.6450 and target price of 1.6650


FxWirePro:NZD/USD continues to recovers , upside pressure builds
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro- Woodies Pivot(Major)
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro -Major European Indices
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY steadies around 158.75, bias bullish
Bitcoin’s Islamabad Watch: BTCUSD Consolidates Near 71,421 USD as Geopolitical Peace Talks Loom 



