• GBP /NZD dipped on Monday as encouraging economic data from China aided kiwi dollar.
• Strong lending data and fresh stimulus measures from China ,New Zealand’s biggest trading partner supported risk-sensitive currencies such as kiwi dollar.
• Bears are on course to force a daily close under 2.1107 (50%fib) support,That would open the pathway to much bigger losses towards at 2.1000 level.
• Technicals highlight downside risks. The 5, 9 and 11 day moving averages are trending south , daily RSI is bearish at 47.
• Immediate resistance is located at 2.1189 (5DMA), any close above will push the pair towards 2.1227(38.2%fib).
• Immediate support is seen at 2.1107 (50%fib) and break below could take the pair towards 2.1068(Lower BB).
Recommendation: Good to sell around 2.1140, with stop loss of 2.1290 and target price of 2.1030


GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Woodies Pivot(Major)
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 



