• AUD/USD edged higher from their recent lows on Wednesday as U.S. dollar weakened on growing concerns over a potential U.S. recession.
• President Donald Trump's harsh tariffs have shaken global financial markets this week, with his recent increase in levies on Chinese imports escalating the trade war and heightening recession fears.
• The Australian dollar tends to be more sensitive to these global trade dynamics compared to other major currencies.
• At GMT 05:24, The Australian dollar was 0.03% stronger at $0.5958 against US dollar, but remained near the five-year low it hit on Monday.
• Immediate resistance is located at 0.6006(50%fib), any close above will push the pair towards 0.6090(61.8%fib).
• Support is seen at 0.5930(38.2%fib) and break below could take the pair towards 0.5820(23.6%fib).
Recommendation: Good to sell around 0.5980 with stop loss of 0.6050 and target price of 0.5900


AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro- Major Crypto levels and bias summary
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/ USD eases as risk sentiment remains fragile
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 



