Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR fibo rejection triggers sizeable pullback 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD recovers but bears are not done yet again 
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand 
FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
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FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
Ethereum Retreats Toward USD 2,000: Technicals Signal Caution as ETH Mimics Bitcoin’s Pullback 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level 
- Kiwi extends downside for the fifth consecutive session. Techs are heavily bearish, we see no signs of reversal.
- RBNZ announced earlier today move to quell the country’s housing boom by restricting the amount of money property investors can borrow.
- Governor Graeme Wheeler will now be free to respond to persistently weak inflation by cutting the official cash rate on Aug. 11.
- On the daily charts, NZD/USD has breached another major support at 0.7070 levels and we see scope for test of 50-DMA currently at 0.6993.
- Downside in the pair has currently stalled at 0.7013, a minor correction to 0.7033 levels seen.
- Fonterra GlobalDairyTrade (GDT) auction awaited, forecast is for softer prices.
- Our previous call (http://www.econotimes.com/FxWirePro-NZD-USD-breaks-below-20-DMA-at-07169-good-to-go-short-on-rallies-236426) has achieved all targets.
Recommend lowering trailing stop to 0.7070, target 0.6990.
