• EUR/AUD declined on Thursday as concerns about growth in the euro zone and the impact of the Ukraine-Russia conflict weighed on the euro.
• Ukraine reported that Russia launched what seemed to be an intercontinental ballistic missile, potentially marking the first use of a long-range nuclear strike weapon in the conflict.
• Investors remained cautious, carefully navigating the volatility of the Russia-Ukraine conflict. Amid this uncertainty, the appeal of safe-haven assets such as gold and the U.S. dollar strengthened.
• Technical signals are bearish as RSI has turned sharply lower, daily momentum studies 5, 9 and 11 SMAs are trending down.
• Immediate resistance is located at 1.6191(50 %fib), any close above will push the pair towards 1.6282(50%fib)
• Support is seen at 1.6071(23.6 %fib ) and break below could take the pair towards 1.6014(Lower BB).
Recommendation: Good to sell around 1.6100 , with stop loss of 1.6200and target price of 1.6000


FxWirePro :USD/JPY drifts above 162 as range trading persists
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Above 95: Buy Dips Toward 97 as Kiwi Strength Holds Firm
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 



