Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro- Woodies pivot (Major) 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Woodies pivot (Major) 
AUD/USD chart - Trading View
Spot Analysis:
AUD/USD was trading 0.06% lower on the day at 0.7302 at around 11:35 GMT
Previous Week's High/ Low: 0.7310/ 0.7169
Previous Session's High/ Low: 0.7324/ 0.7267
Fundamental Overview:
Aussie bulls largely ignored upbeat Chinese Services PMI and the prevalent risk-on environment.
Chinese Services PMI indicated a sharp expansion in the business activity in September and rose more than expected to 53.4.
Global risk sentiment got an additional boost after the Senate voted 50-48 to extend the debt ceiling until early December and avoid a default on the US government debt.
Caution ahead of Friday's release US NFP report which will influence market expectations about the likely timing of the Fed's tapering plan.
Technical Analysis:
- AUD/USD is consolidating the previous session's break above 21-EMA
- The pair continues range trade above 200-week MA, weakness only on break below
- RSI is flat and is above the 50 level mark, while Stochs are biased higher
- Price action is consolidating break into daily cloud and is trading shy of 55-EMA resistance
Major Support and Resistance Levels:
Support - 0.7211 (200-week MA), Resistance - 0.7330 (55-EMA)
Summary: AUD/USD near-term direction is turning bullish as the pair tries to consolidate above 21-EMA. Focus on US non-farm-payrolls data for impetus.
