FxWirePro- Woodies Pivot(Major) 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major European Indices 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
Chart - Courtesy Trading View
Spot Analysis:
AUD/USD was trading 0.69% higher on the day at 0.7040 at around 08:15 GMT.
Previous Week's High/ Low: 0.7187/ 0.6967
Previous Session's High/ Low: 0.7045/ 0.6967
Fundamental Overview:
Traders brace for RBA amid quiet session. Bulls await clues for the RBA rate hike during 2022.
US dollar’s weakness amid indecision over the pace of Fed’s rate hike in March keeps the pair supported.
On the data front, Australia’s December Private Sector Credit was up 0.8% MoM versus 0.5% forecast and 0.9% prior.
Technical Analysis:
- AUD/USD trades well below daily cloud and major moving averages
- Momentum is strongly bearish and volatility is high
- Price action is consolidating break below 200-week MA
- MACD and ADX support weakness in the pair
Major Support and Resistance Levels:
Support - 0.6950 (Lower W BB), Resistance - 0.7067 (5-DMA)
Summary: AUD/USD recovery lacks traction. Major trend remains bearish. Break above 5-DMA could see some upside. Breakout above daily cloud will change near-term dynamics.
