FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR retreats but trend is still bullish 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
• GBP/NZD declined sharply on Wednesday as New Zealand dollar rose after RBNZ left its accommodative financial policy settings in place as expected.
• The Reserve Bank of New Zealand said it can maintain stimulus till it's assured that inflation and employment targets are achieved.
• The is pair heading towards the lower 38.2%fib, as the pairs outlook turns more negative. Only a break and daily close above 61.8% fib at 1.9498will shift bias to the upside.
• Technical signals are bearish as RSI is at 44, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9393 (21 DMA ), any close above will push the pair towards 1.9444 (21DMA).
• Immediate support is seen at 1.9336 (Daily low ) and break below could take the pair towards 1.9296 (38.2%fib).
Recommendation: Good to sell on rallies around 1.9400, with stop loss of 1.9500 and target price of 1.9310.
