- EUR/CAD price action contained within daily cloud, intraday bias bearish.
- The pair is extending decline after rejection at major trendline resistance.
- Currently the pair is holding major support at 1.4769 (50 DMA). We see weakness on break below.
- Scope for test of trendline at 1.4630. Violation there then eyes 200-DMA at 1.4459.
- Upside remains capped by daily cloud at 1.4869. We see gains only on break above.
Support levels - 1.4769 (50-DMA), 1.4747 (cloud base), 1.4630 (trendline), 1.4459 (200-DMA)
Resistance levels - 1.4852 (5-DMA), 1.4869 (cloud top), 1.4985 (trendline)
Recommendation: Good to go short on decisive break below 50-DMA, SL: 1.4870, TP: 1.4630/ 1.46/ 1.4535/ 1.4460
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


FxWirePro: EUR/ AUD neutral in the near term, scope further downside
FxWirePro: USD/ZAR gains some ground, but downtrend remains
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge
FxWirePro: GBP/AUD eases slightly, focus on near-term support
Major Pair Currency Score: NZD/USD and AUD/USD Lead Forex Rally with Perfect 100 Scores
FxWirePro- Major Pair levels and bias summary
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro: NZD/USD retreats as Middle East instability weighs 



