Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next? 
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish 
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 
FxWirePro- Major US Indices 
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: USD/CAD slips as oil rally boosts loonie 
FxWirePro: GBP/USD advances on steady UK GDP growth 
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback 
FxWirePro- Woodies Pivot(Major) 
AUD/USD chart - Trading View
- AUD/USD was trading 0.20% higher on the day at 0.7597 at around 08:30 GMT, extending bullish streak for the 5th straight session.
- US dollar remains on the defensive amid mixed signals from the Fed officials and weak economic data, pushing the pair higher.
- Data released overnight showed US Weekly Initial Jobless Claims fell to 411K. The reading is well above 200K levels before the coronavirus pandemic.
- The US Goods Trade Deficit widened to $88.1 billion in May, from $85.7 billion in April. While, US Gross Domestic Growth (GDP) remained unchanged at 6.4%.
- Further, risk-on sentiment dulls the dollar’s safe-haven appeal while lifting the higher-yielding currencies like the Aussie.
- Price action has retraced dip below 200-DMA and has edged above 200H MA, scope for further gains.
Summary:
Major trend remains neutral on the daily charts, while it is bullish on the intraday charts. AUD/USD eyes 21-EMA at 0.7640. Break above daily cloud required for upside continuation.
