• EUR/AUD drifted lower on Thursday as investors digested President Donald Trump's address to the World Economic Forum in Davos.
• Investor anxiety is rising as Trump's ongoing protectionist rhetoric takes center stage, with a pledge to impose tariffs on the European Union expected by February 1. This uncertainty is further.
• President Donald Trump spoke remotely at the World Economic Forum in Davos, urging an immediate interest rate cut in the U.S. and encouraging other nations to follow suit..
• Eurozone consumer confidence remained steady, providing little relief, while French industrial confidence fell to 95 points in January, down from 97 in December..
• Immediate resistance is located at 1.6696 ( 23.6%fib), any close above will push the pair towards 1.6765 (Higher BB).
• Immediate support is seen at 1.6558(38.2%fib) and break below could take the pair towards 1.6505 (Lower BB).
Recommendation: Good to sell around 1.6580 with stop loss of 1.6640 and target price of 1.6500.


FxWirePro- Major Pair levels and bias summary
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro- Woodies Pivot (Major)
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
FxWirePro: GBP/AUD edges higher but maintains bearish bias
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot (Major)
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro: USD/CAD loses upside momentum but outlook is bullish
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340 



