• EUR/AUD initially dipped on Monday but recovered most of the ground as the market awaited impetus from key central bank meetings this month.
• This week’s European Central Bank meeting, as well as the Federal Reserve and Bank of England meetings later this month, will set expectations for taper and, eventually, rate moves.
• At GMT 16:38, the pair was trading up 0.03 percent at 1.5707.
• Technical signals are bearish as RSI is heading down , daily momentum studies 5, 9 and 11 DMAs are trending southwards.
• Immediate resistance is located at 1.5744 ( 38.2% fib), any close above will push the pair towards 1.5798 (June 1st high)
• Strong support is seen at 1.5661 (50%fib ) and break below could take the pair towards 1.5596 (50DMA).
Recommendation: Good to sell around 1.5720, with stop loss of 1.5800 and target price of 1.5660.


FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets 



