NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
FxWirePro: USD/JPY gains capped as intervention fears keep traders on edge 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro : USD/JPY slips as Yen firms on further Intervention talk 
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off 
AUDJPY Momentum Fades at 111: Sell Rallies to 108 as Bearish EMAs Dominate 
EUR/USD Eyes 1.1660 Breakout: Buying Dips Near 1.1530 as Geopolitical Tensions Ease 
FxWirePro: USD/CNY edges higher, outlook bearish 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: NZD/USD turns lower as USD regains footing 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
FxWirePro- Major Pair levels and bias summary 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
FxWirePro: NZD/USD eases as NZ unemployment surges in Q2 
- USD/CHF has recovered sharply almost 100 pips from low of 0.9535 (Apr 10th 2018 low) after hawkish Fed FOMC minutes meeting. But upside is limited in USD/CHF for the near term as US-China trade war and geo political tensions will increase demand for safe haven asset. It is currently trading around 0.96230.
- The Fed FOMC minutes shows that members are positive on US economy and they expect inflation to reach 2% in the coming months. So the chance of more than three rate hikes are higher in this year. The near term resistance is around 0.9660 and any convincing break above will take the pair to next level till 0.9700/0.9725/0.9745.
- On the lower side near term support is around 0.9580 and any break below that level targets 0.9520/0.9480/0.9420.The pair should break below 0.9420 for further weakness.
It is good to buy on dips around 0.9565-70 with SL around 0.9530 for the TP of 0.9660/0.9700.
