• AUD/USD firmed on Monday as traders awaited the Reserve Bank of Australia’s policy decision due on Tuesday.
• The RBA is likely to keep rates at 3.6% on Tuesday, but markets will scrutinize any signals on future policy following hotter inflation data that sparked bets on a pause in easing.
• Following several rate cuts, economic growth accelerated in the second quarter while unemployment remained steady, indicating the RBA may slow its pace of easing.
• This year’s rate cuts came in February, May, and August, timed after the release of inflation data
• At GMT 05:20, the Australian dollar was up 0.39% to 0.6570 against the US dollar.
• Immediate resistance is located at 0.6595(SMA 20), any close above will push the pair towards 0.6607(38.2%fib)
• Support is seen at 0.6518(38.2%fib) and break below could take the pair towards 0.6500(Psychological level).
Recommendation: Good to buy around 0.6560 with stop loss of 0.6490 and target price of 0.6620


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major European Indices
FxWirePro: NZD/USD sustains gains as uptrend remains strong
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major US Indices
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: GBP/NZD edges higher but bearish outlook persists
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next 



