Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble 
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD falls to two-day low, scope for further downside 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe 
FxWirePro: EUR/ NZD stuck in range but outlook is bearish 
| Time (GMT) | Event | Actuals | Forecast | Prior |
| 0600 | German Trade balance s.a (June) | €13.6B | €13.5B | €12.6B |
| 0600 | German Exports m/m (June) | 1.3% | 0.4% | 0.3% |
| 0600 | German Imports m/m (June) | 0.6% | 0.8% | 3.4% |
Germany seasonally adjusted trade balance beats estimates in June on the back of surging exports. Data released by the Statistisches Bundesamt Deutschland showed on Monday that German Trade Balance for June grew to €13.6B, from €12.8B (revised from €12.6B) in May and above consensus at €13.5B.
Exports grew 1.3% MoM in June, while Imports fell to 0.6% from 3.4% in May. Exports were expected to rise 0.4% in June and actuals beat forecasts by a big margin, boding well for the single currency.
About Germany Trade Balance
The German Trade Balance released by the Statistisches Bundesamt Deutschland measures the difference in worth between exported and imported goods over the month. A positive number indicates a trade surplus, while a negative value shows a trade deficit.
A steady demand in exchange for German exports would turn into a positive growth in the trade balance, and that should be positive for the EUR. While a lower than expected reading should be taken as negative/bearish for the EUR.
EUR/USD Spot:
EUR/USD was trading slightly higher at 1.1763 at around 06:15 GMT.
Guidance:
Major trend in the pair remains bearish. Any upticks could be used as opportunities to enter Short positions.
