• EUR/AUD initially gained on Monday but gave up ground as market waited for fresh catalyst
• Investors stayed cautious on news from DC on debt ceiling talks as the debt ceiling impasse kept risk sentiment fragile.
• Technical signals show the pair could lose more ground as RSI is at 46 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.6279 (14DMA), any close above will push the pair towards 1.6347(38.2%fib).
• Immediate support is seen at 1.6215 (50%fib) and break below could take the pair towards 1.6137 (May 10th low).
Recommendation: Good to sell round 1.6290, with stop loss of 1.6370 and target price of 1.6200


FxWirePro: USD/CAD extends decline on broad dollar weakness
Ethereum Consolidates: Bullish Technicals Point to a Potential $3,000 Breakout
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Bitcoin’s Volatile Reset: ETFs Rebound as Bulls Eye USD 80,000 Milestone
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro: EUR/AUD under pressure as key support gives way
FxWirePro- Major European Indices
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 



