- ETH/EUR has broken strong trendline support at 622, holds above 2H 110-EMA at 608 levels.
- The pair is extending downside for 2nd straight session, slips below 5-DMA at 651.
- Technical studies are turning bearish. RSI and Stochs are on verge of rollover from overbought levels.
- Break below 2H 110-EMA likely to see further downside. Scope then for test of 566.
- On the flipside, retrace and close above 5-DMA invalidates bearish bias.
Support levels - 608 (2H 110-EMA), 600, 590 (50% Fib), 566 (61.8% Fib)
Resistance levels - 650 (5-DMA), 694 (May 6 high), 700
Recommendation: Good to go short on rallies around 620/640, SL: 670, TP: 600/ 590/ 570
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro- Major Crypto levels and bias summary
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro- Woodies pivot (Major)
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro: GBP/USD hits one-month high, scope for further upside
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro: AUD/USD edges lower, but bullish outlook persists
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation 



