•EUR/AUD strengthened on Tuesday as fresh concerns about the spread of the Omicron variant of COVID-19 hurting risk-sensitive currencies like Australian dollar.
•Investors nervously eyed the spread of the Omicron coronavirus variant and awaited numerous central bank decisions due this week.
•From a technical viewpoint, RSI is bullish at 53, daily momentum studies, 5, 10 and 11 are trending up.
•Immediate resistance is located at 1.5854 (38.2%fib), any close above will push the pair towards 1.5975 (23.6%fib).
•Immediate support is seen at 1.5914(5DMA) and break below could take the pair towards 1.5765 (50%fib).
Recommendation: Good to buy on dips around 1.5820, with stop loss of 1.5600 and target price of 1.5900.


FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro- Major Pair levels and bias summary
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: GBP/NZD edges higher but outlook is bearish 



