• EUR/AUD initially gained on Tuesday after weak Chinese trade data, but gave up ground as caution prevailed ahead of U.S. inflation figures later this week.
•All eyes will be on U.S. consumer price index data due on Thursday. U.S. inflation likely accelerated slightly in July to an annual 3.3%.
• In an up-and-down session, the pair hit high at 1.6865 in early trading then retreated towards 1.6733.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 60 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6844(23.6%fib), any close above will push the pair towards 1.6887 (Higher BB).
• Strong support is seen at 1.6741(5DMA) and break below could take the pair towards 1.6685 (38.2%fib )
Recommendation: Good to buy around 1.6740 with stop loss of 1.6630 and target price of 1.6870


FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD biased higher but rally currently stretched
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/JPY holding bid into weekend
FxWirePro- Major European Indices
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 



