• EUR/AUD declined on Friday as Australian dollar continues to benefit from higher commodity prices.
• Benchmark iron ore futures in China surged on Friday, clocking their biggest weekly gain in more than two years.
• Technical signals are bearish as RSI is heading down at 56, daily momentum studies 5, 9 and 1 DMAs are trending down.
• Immediate resistance is located at 1.4896 (38.2 %fib), any close above will push the pair towards 1.4997 (50%fib)
• Support is seen at 1.4799 (23.6 %fib ) and break below could take the pair towards 1.4703 (1st Aug 2017 low).
Recommendation: Good to sell on rally around 1.4820, with stop loss of 1.4900 and target price of 1.4720.


FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



