• AUD/USD weakened on Friday after disappointing Australian employment data boosted expectations of a near-term rate cut by the Reserve Bank of Australia.
• Thursday’s data showed Australian employment increased by 14,900 in September, missing expectations for a 20,000 rise, following a revised decline of 11,800 in August.
• Australia’s unemployment rate increased to 4.5%, marking its highest point since November 2021 and topping the Reserve Bank of Australia’s peak forecast of 4.3%.
• Market pricing now shows an 85% probability that the RBA will lower the 3.60% cash rate by 25 basis points at its November 4 meeting, up from 50% earlier this week.
•Technical signals are strongly bearish as RSI is at 38, daily momentum studies 14and 21 DMAs are trending down.
• Immediate resistance is located at 0.6521 (50%fib), any close above will push the pair towards 0.6558 (SMA 20).
• Support is seen at 0.6460(Lower BB) and break below could take the pair towards 0.6443 (Lower BB).
Recommendation: Good to sell around 0.6490, with stop loss of 0.6600 and target price of 0.6430


FxWirePro- Major European Indices
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD downside pressure builds, key support level in focus
FxWirePro- Major US Indices
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro: USD/ CNY gains some upside momentum but still bearish
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major European Indices
FxWirePro: NZD/USD sustains gains as uptrend remains strong 



