FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major European Indices 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Woodies Pivot(Major) 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major Pair levels and bias summary 
Chart - Courtesy Trading View
News:
Moderna’s Chief Executive Stéphane Bancel predicts existing vaccines will struggle with Omicron - Financial Times (FT) reports.
"The high number of Omicron mutations on the spike protein, which the virus uses to infect human cells, and the rapid spread of the variant in South Africa, suggested the current crop of vaccines may need to be modified next year." notes Bancel
Technical Analysis: Bias Bearish
GMMA Indicator
- Shows strong bearish bias on near and long term moving averages
Ichimoku Analysis
- Price action is well below daily cloud
- The pair is extending break below weekly cloud
Oscillators
- Stochs and RSI show strong bearish momentum
- Oscillators are at oversold, but no signs of reversal seen
Bollinger Bands
- Bollinger bands are spread wide apart and are showing signs of further widening
- Volatility is hence high and rising, likely to add fuel to the downside momentum
Major Support Levels: 0.7080 (Lower BB), 0.7051 (38.2% Fib)
Major Resistance Levels: 0.7147 (5-DMA), 0.7189 (200-week MA)
Summary: AUD/USD set to see further weakness, scope for test of 0.7051.
