China’s Growth Faces Structural Challenges Amid Doubts Over Data 
FxWirePro: NZD/USD hovers near 0.5600,outlook strongly bearish 
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
Urban studies: Doing research when every city is different 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 
FxWirePro: GBP/AUD firms slightly, but downward resumption looks likely 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
Wall Street Analysts Weigh in on Latest NFP Data 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
FxWirePro: USD/ZAR rises as dollar gains on Fed hike bets 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
Add as a preferred source on Google
AUD/CAD chart on Trading View used for analysis
- AUD/CAD has shown a break above 21-EMA, intraday bias higher.
- The pair has hit highs of 0.9312 before paring some gains to currently trade at 0.93.
- Momentum studies are bullish, RSI is biased higher and holds above 50 mark.
- MACD supports upside in the pair and bollinger bands are widening suggesting rise in volatility.
- We see scope for test of 55-EMA at 0.9361, break above to see further gains.
- Major trend still remains bearish. Breakout at 110-EMA to see bearish invalidation.
Support levels - 0.9276 (21-EMA), 0.9238 (20-DMA), 0.9124 (Lower BB)
Resistance levels - 0.9361 (55-EMA), 0.94, 0.9484 (110-EMA)
Recommendation: Good to stay long on dips, SL: 0.9240, TP: 0.9360/ 0.94/ 0.9480
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
