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 Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/USD dips lower on negative UK retail sales data
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major European Indices
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



