FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
FxWirePro: GBP/AUD drifts lower after BOE rate decision 
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
Moldova Criticizes Russia Amid Transdniestria Energy Crisis 
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes 
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
FxWirePro: AUD/USD gains some ground but outlook is bearish 
AUD/USD chart - Trading View
AUD/USD is extending marginal gains in the Asian session as Aussie benefits from better than forecast Australian Trade Balance.
Data released earlier today showed Australia’s March month Trade Balance printed at 10602M, a huge rise from the 3865M in the prior month and beating forecasts at 6800M.
Further details showed that Imports and Exports have slipped to 15.1% and -3.6% marks from 29% and 10% respectively in the prior month.
On the other side, the Australian dollar was largely unfazed by a big miss in Chinese Services PMI numbers.
China's Caixin services PMI for April came in 44.4 at vs. 51.0 expected and 43.0 last. Meanwhile, the Composite Output Index rose to 47.6 in April from 46.7 booked in the previous month.
Risk-off tone amid US-China tussle could limit upside in the pair. Intraday bias for the pair is neutral.
The pair is holding strong support at 21-EMA at 0.6378. Weakness only on break below.
Price action is extending in 'Rising Channel' pattern and holds above daily cloud. Resumption of upside will see next hurdle at 110-EMA at 0.65 ahead of 200-DMA at 0.6673.
On the economic data front, focus will be on China Trade data and U.S. Jobless Claims for impetus.
