• EUR/CAD steadied around 1.6170 as investors digested Eurozone’s annual consumer price index and awaited await Powell’s Jackson Hole speech.
• Powell's remarks on the near-term outlook for rates will be keenly watched as traders are almost fully pricing in a rate cut next month.
• Eurostat’s preliminary report on Wednesday showed the Eurozone’s annual consumer price index (CPI) rising 2%.
• Eurostat reported that services contributed most to the annual euro area inflation, followed by food, alcohol and tobacco, and non-energy industrial goods.
• Technical are bullish, daily RSI is bullish at 62, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 1.6185(23.6%fib), any close above will push the pair towards 1.6228(Higher BB).
• Support is seen at 1.6083 (Daily low) and break below could take the pair towards 1.6015(SMA20).
Recommendation: Good to buy around 1.6150 , with stop loss of 1.6050 and target price of 1.6250


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support
FxWirePro- Woodies Pivot(Major)
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
FxWirePro- Major US Indices
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: GBP/NZD slide lower shifts pressure to the downside
FxWirePro: USD/CAD downside pressure builds, key support level in focus
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 



