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FxWirePro- Major European Indices 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
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FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
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FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
FxWirePro- Major US Indices 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
German retail trade data outpaced expectations in July, but the data failed to impress EUR bulls.
- Retail turnover rose 1.4% m/m in July, up from a 2.3% decline recorded in June, coming in above market expectations of a 1.1% increase
- EUR/USD slipped further after the data, easing to 1.1233, pared some losses to currently trade at 1.1240
- Strong resistance seen at channel top by 1.1261, breaks above could see pair at 1.1300 levels
- Short-term bias remains lower, Stochs poised for a bearish crossover, hourly price action well below the cloud
- Session lows by 1.1233 offer support on the downside, break below could see the pair at 1.2000 levels
- Markets now shift focus towards Euro zone CPI figures due later this session, inflation expected to register a 0.1% increase y/y
Recommendation: Good to sell rallies around 1.1240, SL: 1.1265, TP: 1.1200
