• EUR/AUD declined on Monday as higher commodity and equity gains boosted Australian dollar
• Oil prices rose following reports that production at Norway's Johan Sverdrup oilfield had been halted, adding to earlier gains driven by the escalation of the Russia-Ukraine war.
• Looking ahead, Investors awaited Euro zone consumer price figures for October are due on Tuesday, and November's flash PMIs on Friday..
• Technical signals are bearish as RSI is heading down at 36, daily momentum studies 5, 9 and 1 DMAs are trending down.
• Immediate resistance is located at 1.6290(50 %fib), any close above will push the pair towards 1.6349(61.8 %fib)
• Strong support is seen at 1.6235(38.2 %fib ) and break below could take the pair towards 1.6168(23.6 %fib).
Recommendation: Good to sell on rally around 1.6300, with stop loss of 1.6350 and target price of 1.6190.


FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major European Indices 



