• EUR/AUD declined on Thursday as surging energy prices gave a lift to Australian dollar.
• The Aussie was finding an upside in the global explosion of energy prices given Australia is a net exporter of energy and the world's leading exporter of liquefied natural gas (LNG)..
• At GMT 20:24, the pair was trading down 0.55 percent at 1.5795.
• Technical signals are bearish as RSI is heading down at 32, daily momentum studies 5, 9 and 11 DMAs are trending down.
• Immediate resistance is located at 1.5824( 38.2% fib), any close above will push the pair towards 1.5893 (50%fib)
• Strong support is seen at 1.5917 (Lower BB ) and break below could take the pair towards 1.5720(23.6% fib).
Recommendation: Good to sell around 1.5800, with stop loss of 1.5900 and target price of 1.5710.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD edges higher but outlook is bearish
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
FxWirePro- Major European Indices 



