FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD moves higher following downbeat Australian jobs report 
FxWirePro: AUD/USD hovers near three –month high, scope for further upside 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro- Major European Indices 
FxWirePro: NZD/USD consolidates around 0 .5810,room for further gains 
Bitcoin Yawns at Fed Cut – Coiled Tight at $92K: $90K Hold = Straight Shot to $100K 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: USD/CAD recovers slightly but trend is still bearish 
UK GDP Flops Again: GBPJPY Drops to 207.22 But Bulls Hold the Line – Buy the Dip to 210? 
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout 
Chart - Courtesy Trading View
Spot Analysis:
AUD/USD was trading 0.90% higher on the day at 0.6875 at around 09:50 GMT
Previous Week's High/ Low: 0.6964/ 0.6763
Previous Session's High/ Low: 0.6903/ 0.6763
Fundamental Overview:
Focus going forward will remain on the RBA policy decision, scheduled to be announced during the Asian session on Tuesday.
FOMC monetary policy meeting minutes on Wednesday will provide cues for further price action.
Further, US monthly jobs report (NFP) on Friday will help determine the near-term trajectory for the pair.
Technical Analysis:
- AUD/USD erases most of the previous session's losses
- Price action has retraced above trendline and is hovering around 5-DMA
- Major trend is bearish as evidenced by GMMA indicator
- Price action is below major moving averages which are trending lower
Major Support and Resistance Levels:
Support - 0.6756 (Lower BB), Resistance - 0.6957 (21-EMA)
Summary: AUD/USD recovery lacks traction. Major trend remains bearish.
