FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/ NZD neutral in the near-term, scope for downward resumption 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
Bitcoin Stalls on Boxing Day: Flat at $87K Amid Bearish EMAs – But CCI Signals Buy Dips to $85K for $100K+ Targets 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Woodies Pivot(Major) 
NZD/JPY Drifts Sideways: Mixed Signals Say “Stand Aside for Now” 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
- EUR/USD has declined for 3rd consecutive days and formed a bottom at 1.17180 (200- W MA) and shown a minor jump from that level. The pair awaits German CPI for further bearish continuation and is currently trading around 1.17441.
- USD gained against all major pairs after President Donald Trump’s new tax structure. The framework proposed by Donald Trump and Republicans shows that tax on corporates reduced to 20% from current rate of 35%. The number of tax brackets are reduced from 7seven to three for individuals. The new bracket would be 12%, 25% and 35%, with top rate down from 39.5%.
- Technically pair is facing strong support at 1.17200 (200- W MA ) and any convincing break below that level confirms minor weakness , a decline till 1.16600/1.1600 likely.
- On the higher side, near term resistance around 1.17800 (high reached after making a low of 1.17180) and any break above will take the pair to next level till 1.1836 (50- day MA)/ 1.1870. Overall bullish continuation only above 1.20925.
It is good to sell on rallies around 1.1770-1.17725 with SL around 1.1825 for the TP of 1.1660/1.1600.
