Chart - Courtesy Trading View
Spot Analysis:
AUD/USD was trading largely rangebound on the day at 0.7461 at around 05:45 GMT. The pair is consolidating previous session's gains and is on track to test 0.75 mark
Previous Week's High/ Low: 0.7417/ 0.7165
Previous Session's High/ Low: 0.7417/ 0.7375
Fundamental Overview:
US Treasury yields refresh three-year high, global bonds mark biggest fall on record as central bankers brace for tighter monetary policy.
Covid resurgence in China keeps investors wary, adds to market risk-off, denting the antipodeans.
Cautious mood ahead of Federal Reserve (Fed) Chairman Jerome Powell's speech amid bond markets rout.
Technical Analysis:
- AUD/USD has bounced off 200-week MA
- Price action has entered into weekly cloud
- Momentum is bullish, volatility is high
- GMMA indicator shows major and minor trend are bullish
Major Support and Resistance Levels:
Support - 0.7423 (5-DMA), Resistance - 0.75 (Weekly cloud top)
Summary: AUD/USD trades with a bullish bias. The pair is on track to test 0.75 mark (Weekly cloud top). Break above will propel the pair higher.


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness
JPY Action Bias: Bullish Pairs to Watch Out For
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
FxWirePro :USD/JPY eases slightly, remains on bullish path
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Pair levels and bias summary
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major) 



