Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
FxWirePro: AUD/USD firms after upbeat consumer spending data 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
FxWirePro- Woodies pivot (Major) 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: USD/CNY edges higher, outlook bearish 
- USD/CAD has declined sharply more than 100 pips on account of good jump in oil prices and business survey from Bank of Canada supports expectations of interest rate hike. The pair hits low of 1.26740 at the time of writing. ”Business sentiment continues to be positive, supported by healthy sales prospects”. The report confirms one more rate hike in the coming months. It is currently trading around 1.26792.
- Market eyes US PPI data which is to be released today for further direction. Oil price jumped almost more than $2.5 from previous week low of $61.79 as US- China trade tensions ease.
- Technically near term resistance is around 1.27200 and any break above targets 1.2748 (50- day MA)/12820/1.28475. Overall bullish continuation only above 1.3125.
- On the lower side, near term support is around 1.2660 and any break below will drag the pair down till 1.2630/1.2600/1.2545.
It is good to sell on rallies around 1.2725-30 with SL around 1.2780 for the TP of 1.2600.
