• AUD/USD edged lower on Wednesday after a weaker-than-expected domestic inflation report raised expectations of a near-term interest rate cut by RBA.
• Consumer prices rose 0.2% in Q4, with annual inflation slowing to 2.4%. Core inflation dropped to 3.2%, below the expected 3.3%, and was 2.7% in December..
• Swaps imply a 75% chance of a quarter-point easing, while futures price it around 90% compared with recent levels of 80%.
• At GMT 05:44, the pair was trading down 0.60% at 0.6254
• Immediate resistance is located at 0.6310(50%fib), any close above will push the pair towards 0.6360(Higher BB).
.
• Support is seen at 0.6232(38.2%fib) and break below could take the pair towards 0.6168(Jan 17th low).
Recommendation: Good to sell around 0.6250 with stop loss of 0.6330 and target price of 0.6200


Sterling’s Steady Ascent: GBPJPY Tests the 213.31 Resistance Amid a Two-Week Consolidation
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD drifts lower , could be on verge of bigger drop
FxWirePro- Woodies Pivot(Major)
AUD/JPY Technical Outlook: Range-Bound Trading Amidst Emerging Bearish Pressure
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
FxWirePro: GBP/AUD idles around 1.9230 as market awaits fresh catalysts
FxWirePro- Major European Indices
FxWirePro: USD/JPY edges up, looks to extend gains
AUDJPY Stalls in Neutral Ground: Bearish Shadows Loom Over the 111.00 Mark
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD remains buoyant, looks to extend gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD positions for another climb, eyes 1.3900 level
FxWirePro:NZD/USD edges lower, bearish outlook persists
FxWirePro: GBP/AUD edges lower, downside risk remains 



