GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
, good to go short on break below - EconoTimes)
- Dallas Fed president was on the wire saying that there is room for the Fed to maneuver on rates, backing Dudley overnight.
- Data released overnight showed US jobless claims for the week to 13 Aug fell to 262k, slightly better than the 265k expected. Also, Philadelphia Fed business activity bounced from -2.9 to 2.0, as expected.
- Selling pressure in AUD/USD intensifies on a broadly stronger US dollar and weak commodity prices.
- The pair now eyes strong support by 20-DMA at 0.7611, break below likely to target 0.7525 (trendline).
- Intraday bias lower, the pair is currently trading at 0.7631, down 0.7 pct on the day.
- Focus next week remains on macro updates from both continents, including Australia capex and US GDP data.
Recommendation: We would recommend going short on the pair only on a decisive break below 20-DMA, target 0.7525 levels.
