- AUD/USD tracks oil higher, halts 2 consecutive sessions of declines to edge higher in the early Asian session.
- Pair broke above 5-DMA at 0.7769 to test day's highs at 0.7774, but unable tp hold gains, slips lower to currently trade around 0.7755 levels.
- Strong trendline support lies at 0.7735, we see weakness only on breaks below.
- Intraday technical readings on the hourly charts are supporting upside.
- RSI has bounced off from oversold and Stochs show bullish rollover. We see a bullish MACD line crossover on signal line.
- Pair finds immediate resistance at 0.7769 (5-DMA), while 10-DMA at 0.7718 is immediate support on the downside.
- News from Xinhua showed China added 3.18 million new urban jobs in Q1, while the urban unemployment rate was 4.04% at the end of Q1, unchanged from the end of 2015.
- Upbeat China unemployment data along with recovery in oil markets likely to keep resource-linked Aussie supported.
Recommendation: Good to buy dips around 0.7745/50, SL: 0.77, TP: 0.7775/0.78


FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data
FxWirePro:' USD/CAD faces downside risk below 1.4000
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
FxWirePro- Major Crypto levels and bias summary
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 



