The Australian dollar held near four-month highs against a soggy euro as expectations of further easing by the ECB underpinned demand for carry trades.
- EUR/AUD dropped to 1.4696, its lowest since July, after shedding 1.5 percent on Friday, and was last trading at 1.4782 after paring some of Friday's losses
- The pair has retraced over 50 % Fibo of the 1.3677 to 1.6584 (Apr to Aug rise), momentum studies, 5, 10 & 20 DMA's trend south - bearish setup in place
- A sustained break under 1.4695 could see a retracement all the way to 1.4400 with little chart support seen until then
- 200 DMA at 1.4797 which gave way on Friday is now the initial resistance ahead of 1.4869 (5 DMA)
Recommendation: Good to sell rallies around 1.4790, SL: 1.4870, TP: 1.4400


EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
FxWirePro- Major US Indices
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
FxWirePro- Major European Indices
FxWirePro: USD/CAD downside pressure builds, key support level in focus
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro- Woodies Pivot(Major)
CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse 



