NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
• EUR/AUD rally extended towards 1.6700 on Thursday after German inflation data came in higher than expected, strengthening euro.
• Germany’s annual consumer price inflation accelerated to 2.1% in April, exceeding market expectations and advancing further above the ECB’s target of close to but below 2%.
• EUR/AUD uptrend is poised to accelerate ,likely target for the current trend is 1.5660 (higher BB).
• From a technical viewpoint, RSI is bullish at 54, daily momentum studies, 5, 10 and 11 daily trending up.
• Immediate resistance is located at 1.5620 (38.2%fib), any close above will push the pair towards 1.5660 (Higher BB).
• Immediate support is seen at 1.5549 (50% fib) and break below could take the pair towards 1.5506(30 DMA).
Recommendation: Good to buy on dips around 1.5590, with stop loss of 1.5500 and target price of 1.5660.
