AUDJPY Smashes 30-Month Peak — Buy the Dip, 112 in Sight 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD outlook weaker on renewed downside pressure 
NZDJPY Breaks 94: Bulls Charge as Kiwi Roars Back 
FxWirePro: EUR/AUD bearish as RBA hike boosts Australian dollar 
FxWirePro: GBP/NZD remains weak, eyes 2.2550 level 
USD/CHF Pauses After 200-Pip Rally — Buy Dips Near 0.775, Target 0.790 
FxWirePro: AUD/USD remains buoyant, looks to extend gains 
EUR/JPY Powers Higher for 2nd Day — Bulls Charge Toward 187+ Breakout 
FxWirePro: GBP/AUD extends losses after RBA rate hike 
FxWirePro: GBP/USD regains upwards momentum but unable to hold above 1.3700 level 
FxWirePro: USD/ZAR dips below lower range, bearish bias increases 
AUDJPY Powers Above 109 – Yen Weakness Fuels Aussie Bulls 
FxWirePro: NZD/USD consolidating around 0.6030 , bias is bullish 
FxWirePro: USD/JPY builds momentum , eyes 157.00 level in the short term 
FxWirePro-Major European Indices 
US Fed to hold a discount rate meeting today. There is speculation that US Fed might hike discount rates by 75 bpbs.
- Discount rate is nothing but minimum interest rate set by US Fed for lending to other banks.The number of federal reserve banks pushing the central bank to raise the rate it charge commercial banks for emergency loans rose to eight in September from five in July.
- US dollar has broken the previous low of 1.06155 and declined till 1.06005 as Fed is set to hike the discount rate in meeting to be held today.
- On the higher side major support is around 1.0720 and break above targets 1.0770/1.0800. Overall bearish invalidation only above 1.08300. The pair's minor resistance is around 1.06800/1.07200.
- The pair's major support is around 1.0600 and break below targets 1.0525/1.0500 in short term.
It is good to sell on rallies around 1.0635-1.0640 with SL around 1.0680 for the TP of 1.0550/1.0525/1.050
