FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro- Woodies pivot (Major) 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
• EUR/NZD declined below 1.7900 level on Tuesday as stronger kiwi dollar and weaker German GDP data weighed on the pair.
• On the data front, the German economy contracted by 0.1% in the second quarter of 2024 compared to the previous three-month period, as reported by the statistics office on Tuesday.
• Private consumption fell by 0.2% quarter-on-quarter, while investments plunged over 2% quarter-on-quarter. However, government consumption increased by 1% quarter-on-quarter.
• The technical outlook remains bearish and points to eventual bigger losses, Fourteen-day momentum is negative, reinforcing the scope for a bigger slump
• Immediate resistance is located at 1.80290(38.2%fib), any close above will push the pair towards 1.8110(Aug 13th high)
• Support is seen at 1.7886(50%fib) and break below could take the pair towards 1.7829 (Lower BB)
Recommendation: Good to sell around 1.7900, with stop loss of 1.8000 and target price of 1.7820
