- AUD/JPY pares losses and turns positive after Australia Capex data showed firms plan to spend more than expected.
- Upbeat Capex plans helped shrug off the negative headline number and retail sales weakness.
- AUD/JPY retraced brief dip below 50-DMA and is 0.19 pct higher on the day, currently trading around 77.87.
- Intraday bias is higher, scope for test of 78.60 (major trendline) and then 100-DMA at 78.97.
- Major support levels - 77.57 (50-DMA), 77.69 (5-DMA), 77.26 (20-DMA).
- Major resistance levels - 78, 78.60 (trendline), 78.97 (100-DMA), 79, 79.15 (July 28 high).
Recommendation: Good to go long on dips around 77.75/80, SL: 77.25, TP: 78/ 78.60/ 79


FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Major European Indices
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 



