FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro- Woodies pivot (Major) 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
• GBP/NZD rose on Thursday as hotter than expected UK GDP data boosted the pair.
• The UK economy returned to growth in May after a stagnant month in April when activity flatlined.
•Figures from the Office for National Statistics (ONS) showed that the gross domestic product (GDP) rose by 0.4% month-on-month, double the forecast of economists.
• The pair currently is approaching resistance at 23.6%fib. A break above would unmask 2.1300 level in the short term.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 74,while moving averages are trending higher.
• Immediate resistance is located at 2.1180(23.6%fib), any close above will push the pair towards 2.1218 (April 30th high).
• Immediate support is seen at 2.1071 (38.2%fib) and break below could take the pair towards 2.0984 (50%fib).
Recommendation: Good to buy around 2.1170, with stop loss of 2.1100 and target price of 2.1300
