• GBP /AUD strengthened on Thursday downbeat Australian Oct Jobs data broadly weighed on Australian dollar.
• Australian employment suffered a sudden decline in October and the unemployment rate skyrocketed as coronavirus lockdowns continued to plague the labor market.
• The pair hit daily high at 1.8373 and was last trading at 1.8327 at (GMT 15:46).
• Technical signals show the pair could gain more ground as RSI is turning up, and 5 and 10DMAs are pointing higher.
• Immediate resistance is located at 1.8333 (38.2% fib), any close above will push the pair towards 1.8445 (50% fib).
• Immediate support is seen at 1.8268 (5DMA) and break below could take the pair towards 1.8199 (23.6%fib).
Recommendation: Good to buy on dips around 1.8310, with stop loss of 1.8230 and target price of 1.8380.


FxWirePro:EUR/AUD eases but bullish outlook persists
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: USD/ZAR edges higher but bearish outlook persists
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



