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AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro- Woodies pivot (Major) 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
- Cable has put a minor stop for bullish trend continuing for past two week. The pair jumped almost more than 400 pips in this month on account of hopes of rate hike by BOE. The pair hits new 2108 high after breaking 1.4345 and jumped till 1.43766.GBPUSD declined sharply after slightly weaker than expected UK jobs data. It is currently trading around 1.41264.
- The latest UK employment report shows that wage growth came slightly weaker than expected. It came at 2.8% compared to forecast of 3%. The decline in wage growth will reduce chance of rate hike by BOE.
- The near term resistance is around 1.4380 and break above will take the pair till 1.4445/1.5000.
It is good to sell on rallies around 1.4335-380 with SL around 1.4380 for the TP of 1.4260/1.4220.
