China stocks rout adds to the concerns of China's economic slowdown fuelling risk-off sentiment across the board.
- AUD/USD accelerated downside in the Asian session to hit fresh weekly lows by 0.7312
- The pair has recovered some of the losses and is currently trading at 0.7330, with day's range 0.7312-45
- Price action is hovering just above the cloud, Tenkan and Kijun are bearishly aligned and Stochs are on the verge of a bearish crossover
- Immediate resistance is located at 0.7349 (4h Tenkan-sen) and supports on the downside are seen at 0.7314 (4h cloud top)
- Markets focus on key US macro data releases - CPI and FOMC minutes due later today for further USD moves.


FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: AUD/USD edges lower, but bullish outlook persists
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
FxWirePro- Major Crypto levels and bias summary
Gold Loses Steam After Strong U.S. Retail Sales 



