FxWirePro- Major European Indices 
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path 
FxWirePro: USD/JPY gains some ground but bearish outlook persists 
USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop 
FxWirePro: GBP/AUD downtrend slows, but bearish sentiment remains 
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce 
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage 
FxWirePro: NZD/USD pulls back from 6-month high 
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight 
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
NZDJPY Poised to Break Higher: Buy-the-Dip Strategy Above 91.40 Support 
• EUR/ NZD slipped lower Friday as investors digested German economic data.
• Official data released on Friday showed that the number of unemployed people in Germany surpassed 3 million in January, with the unemployment rate rising to 6.6%.
• Separate data showed German inflation edged up unexpectedly in January, accelerating to 2.1% year-on-year, beating Reuters forecasts that had projected EU-harmonised inflation to remain unchanged at 2.0%.
• On a more positive note, Germany’s gross domestic product expanded by 0.3% in the fourth quarter from the previous three months, exceeding the consensus forecast of 0.2%. On a year-on-year basis, the Statistics Office confirmed its initial estimate showing 0.2% growth.
• Immediate resistance is located at 1.9848(50% fib), any close above will push the pair towards 1.9989 (Jan 27th low).
• Immediate support is seen at 1.9564(23.6% fib) and break below could take the pair towards 1.9462(Lower BB).
• Recommendation: Good to sell around 1.9700 with stop loss of 1.9800 and target price of 1.9620
