• AUD/USD dipped on Thursday as the greenback strengthened on the back of strong U.S. retail sales data.
• Wednesday's data showed that U.S. retail sales rose by 1.4% last month, marking the largest increase since January 2023.
• Australia's employment data for March showed no significant surprises. March employment increased by 32.2k jobs, slightly missing the estimate of 40.0k jobs.
• Trade war developments between the U.S. and its trading partners, particularly China, remain crucial in determining future market sentiment.
• At GMT 05:36, the Australian dollar was trading lower 0.53 % at $0.6337 against US dollar.
• Immediate resistance is located at 0.6372(38.2%fib), any close above will push the pair towards 0.6414(Feb 21st high).
• Support is seen at 0.6324(April 16th low) and break below could take the pair towards 0.6286(50%fib).
Recommendation: Good to buy around 0.6320 with stop loss of 0.6260 and target price of 0.6400


FxWirePro- Major Pair levels and bias summary
NZDJPY Bullish Setup: Buy Dips at 94.50 as Uptrend Holds Above All Key EMAs
FxWirePro: EUR/AUD recovers slightly from early decline but bears are not done yet
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
GBPJPY Bullish Surge: Strong Pound Ignites Fresh Upside on Fed-BOE Policy Divergence as All EMAs Align
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
Major Pair Action Bias: NZDUSD Turns Bullish While Other Majors Stay Neutral
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
CAD/JPY Surges on Broad-Based Canadian Dollar Buying
GBPJPY Pulls Back on Profit Booking but Bullish Setup Holds: Buy Dips Toward 223
FxWirePro: USD/ZAR firms slightly, but downward resumption looks likely
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral 



