FxWirePro: USD/ZAR sustains gains as uptrend remains strong 
FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
FxWirePro: GBP/USD recovers but bears are not done yet again 
NZDJPY Bears Take Control: New Zealand Dollar Retreats as 92 Resistance Holds Firm 
Pound Under Pressure as Yen Stabilizes: GBPJPY Bears Target 208 as Key EMAs Hold Resistance 
EUR/JPY Bulls Charge: Eyeing 186.00 as Euro Strength Intensifies 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD remains buoyant, looks to extend gains 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD range to extend until there is game changing news 
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone 
FxWirePro: EUR/AUD eases slightly but trend is still bullish 
FxWirePro: GBP/USD outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD downside pressure builds, key support level in focus 
• NZD/USD slipped lower on Monday after second-quarter inflation came in slightly below forecasts, reinforcing expectations that the Reserve Bank of New Zealand may begin easing monetary policy as early as August.
•Annual inflation rose to 2.7% in the second quarter , highest in a year and up from 2.5% in Q1 , but slightly below economists' expectations of 2.8%, Statistics New Zealand said on Monday.
• Quarter-on-quarter, the consumer price index (CPI) rose 0.5% in Q2, easing from a 0.9% increase in the previous quarter.
• Markets now assign a 75% probability to a 25 basis point rate cut by the RBNZ in August, up from 61% prior to the latest inflation data.
• Immediate resistance is located at 0.6002(38.2%fib), any close above will push the pair towards 0.6109 (23.6%fib).
• Support is seen at 0.5921(50%fib)and break below could take the pair towards 0.5883(Lower BB).
Recommendation: Good to sell around 0.5960 with stop loss of 0.6050 and target price of 0.5880
