FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro:EUR/NZD dips below lower range, bearish bias increases 
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support 
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral 
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions 
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
Gold Loses Steam After Strong U.S. Retail Sales 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD 
• EUR/NZD traded in tight range as traders awaited Friday's core PCE price index data for further direction.
•Economists polled by Reuters expect the PCE price index to rise 2.6% in July, matching June's rise.
•The figures are expected to provide key insights into consumer spending trends and inflationary pressures, potentially influencing the central bank’s upcoming policy decisions, including interest rate adjustments.
•Market participants are closely watching for any surprises that could shift expectations for future monetary policy.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 60bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 2.0043 (23.6%fib), any close above will push the pair towards 2.0124 (Higher BB).
• Strong support is seen at 1.9828 (Aug 28th low) and break below could take the pair towards 1.7236 (38.2% fib )
Recommendation: Good to buy around 1.9850 with stop loss of 1.9780 and target price of 1.9960
