FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: GBP/NZD remains bullish as rally continues 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
Chart - Courtesy Trading View
AUD/USD was trading 0.29% higher on the day at 0.7098 at around 11:25 GMT. The pair is extending previous session's gains and break above the daily cloud.
The prevalent risk-on mood supports the pair higher. Weaker-than-expected US CPI report pushed back expectations for a more aggressive policy tightening by the Fed and boosted investors' confidence.
Recession fears, the overnight hawkish remarks by Fed officials could limit the USD losses and limit upside in the pair.
Going forward, major focus will be on the US Michigan Consumer Sentiment Index (CSI) data, which is due on Friday.
The sentiment data is expected to show a consecutive improvement to 52.2 from its prior release of 51.5, after slipping to 50 for the first time in the past 20 years.
Technical indicators for the pair are bullish. GMMA indicator shows minor trend is bullish. Momentum is bullish and volatility is high.
MACD and ADX support upside in the pair. Price action is above cloud and is on track to test 200-DMA at 0.7150.
