- Dallas Fed president was on the wire saying that there is room for the Fed to maneuver on rates, backing Dudley overnight.
- Data released overnight showed US jobless claims for the week to 13 Aug fell to 262k, slightly better than the 265k expected. Also, Philadelphia Fed business activity bounced from -2.9 to 2.0, as expected.
- Selling pressure in AUD/USD intensifies on a broadly stronger US dollar and weak commodity prices.
- The pair now eyes strong support by 20-DMA at 0.7611, break below likely to target 0.7525 (trendline).
- Intraday bias lower, the pair is currently trading at 0.7631, down 0.7 pct on the day.
- Focus next week remains on macro updates from both continents, including Australia capex and US GDP data.
Recommendation: We would recommend going short on the pair only on a decisive break below 20-DMA, target 0.7525 levels.


FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 



