• EUR/AUD strengthened on Friday as lower commodity price and as soured risk sentiment weighed on Australian dollar.
• Gold prices fell by 1.8% on Friday as the dollar strengthened on a report that the United States will deploy extra troops in the Middle East.
• Spot silver fell 4.8% to $69.39. Platinum dropped 0.9% to $1,953.18 and palladium slipped 1.6% to $1,423.59. All three metals were on track for weekly declines.
• Crude was lower earlier in the day after the U.S. outlined moves to manage the oil supply crisis, while leading European nations, Japan and Canada offered to join efforts to secure safe passage for ships through the Strait of Hormuz.
• Strong resistance is located at 1.6500 (38.2% fib), any close above will push the pair towards 1.6710 (March 2nd high)
• Immediate support is seen at 1.6303 (Daily low) and break below could take the pair towards 1.6139 (23.6%fib).
Recommendation: Good to sell around 1.6500 with stop loss of 1.6580 and target price of 1.6410


FxWirePro- Major Pair levels and bias summary
AUDJPY Under Fire: Aussie Dollar Retreat Targets 110.00 as Bearish Momentum Accelerates
FxWirePro: GBP/NZD gains some ground but bearish outlook persists
Double Bottom Recovery: NZDJPY Bulls Eye 94.18 as Geopolitical Tensions Ease
FxWirePro:NZD/USD edges higher but bearish outlook persists
FxWirePro: USD/ZAR uptrend gains momentum, as positive sentiment builds
FxWirePro: EUR/NZD recovers some ground but outlook is bearish
Triple Bottom Triumph: EURJPY Bulls Eye 186.00 as Momentum Surges
FxWirePro: GBP/NZD bulls struggles as upside momentum fades
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ CNY set for bigger drop, but close below key fibo needed
FxWirePro: EUR/AUD edges higher but bearish outlook persists
Bearish Bias Persists: AUDJPY Technical Strategy Favors Selling on Rallies
FxWirePro: AUD/USD steadies around 7080,retains bid tone 



