FxWirePro- Major US Indices 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD extends drop, faces 50%fib support 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45 
FxWirePro: GBP/USD hits 5-week,scope for further upside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gains some upside momentum, but bearish outlook remains 
FxWirePro- Major European Indices 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
FxWirePro: EUR/AUD poised for further downside after key fibo break 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
AUD/NZD bears unable to push the pair below 1.0707 (a double bottom tested on 9th and 10th Dec).
- Price action has re-entered hourly cloud and on the day AUD/NZD has been supported by cloud base at 1.0728, daily Stochs are in an oversold zone and will see some unwinding soon.
- A close above the 200-DMA at 1.0823 would be very encouraging, bulls could then take the pair to 1.10 and further above to 1.1260.
- However the prospect of the AUD starting to trend higher are becoming increasingly remote, multi-year lows for oil and iron ore, culminating in 13-yr lows for the broader CRB index, are additional AUD headwinds.
- Breaks below 1.0707 could see the pair test trendline support at 1.0620
Resistance Levels:
R1: 1.0785 (Session high Dec 11)
R2: 1.0823 (200 DMA)
R3: 1.0843 (Dec 10 high)
Support Levels:
S1: 1.0728 (Cloud base)
S2: 1.0707 (double bottom tested on 9th and 10th Dec)
S3: 1.0620 (trendline support)
