FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
• EUR/AUD initially dipped on Friday as bank fears triggered knee-jerk euro selling but broad Australian dollar weakness helped the pair recover some ground.
• Business activity across the euro zone unexpectedly accelerated this month, S&P Global's flash Composite PMI, bounced to a 10-month high of 54.1 in March from February's 52.0.
• The pair hit daily low at 1.6147, but recovered back , it was last down 0.06% at 1.6183
• Technical signals are bullish as RSI is at 67, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.7503 (50%fib ), any close above will push the pair towards 1.7574 (21DMA).
• Strong support is seen at 1.6147 (38.2%fib) and break below could take the pair towards 1.76077 (9DMA).
Recommendation: Good to buy around 1.6150 with stop loss of 1.5950 and target price of 1.6250.
