• NZD/USD dipped to five month low on Friday as stronger-than-expected U.S. data lifted the dollar and reduced bets on further Fed easing.
• Data released Thursday showed weekly U.S. jobless claims fell, while second-quarter economic growth exceeded estimates on strong consumer spending and business investment.
•Attention now turns to Friday’s PCE data, which may shed light on the Federal Reserve’s rate outlook.
• Friday’s U.S. personal consumption expenditures (PCE) price index, the Fed’s preferred inflation gauge, is projected to rise 0.3% month-on-month and 2.7% year-on-year for August, according to a Reuters poll.
• Immediate resistance is located at 0.5858(38.2%fib), any close above will push the pair towards 0.5895(SMA20).
• Support is seen at 0.5757(23.6%fib)and break below could take the pair towards 0.5730(Lower BB).
Recommendation: Good to sell around 0.5780 with stop loss of 0.5850 and target price of 0.5720


FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD steadies ahead key data, BoE event risk
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD pauses decline,critical support lies ahead
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000?
FxWirePro: USD/CNY outlook weaker on renewed downside pressure
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K
FxWirePro- Major European Indices
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 



