AUD/JPY Faces Downside Pressure Amidst Australian Dollar Weakness 
FxWirePro- Woodies Pivot (Major) 
FxWirePro: GBP/NZD uptrend loses steam, remains on bearish path 
FxWirePro: AUD/USD holds steady ahead of key Australian and U.S. data 
FxWirePro: USD/CAD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD rises above 1.3900 level after Warsh's Jackson hole speech 
FxWirePro: USD/JPY hovers near 160, outlook bullish 
FxWirePro: USD/ZAR bears maintain upper hand 
FxWirePro: USD/JPY dips as Yen firms on BOJ rate-hike bets 
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish 
FxWirePro:EUR/NZD gains some ground but outlook is bearish 
AUD/JPY: Bullish Momentum Continues in JPY Major Pairs 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair Currency Score (AUDUSD Bullish) 
NZDJPY Faces Downward Pressure as 95.40 Resistance Holds Firm 
Add as a preferred source on Google
• AUD/USD edged higher on Friday as traders awaited key U.S. jobs data expected to firm up the case for an interest rate cut by the Federal Reserve.
• The upcoming U.S. payrolls report is forecast to show job growth of 78,000 in August versus 73,000 in July.
•Fed policymakers have highlighted labor market weakness in advocating for rate cuts, boosting bets on a near-term rate move.
• According to CME’s FedWatch tool, traders expect with near 100% probability a 25-basis-point cut at the September 17 Fed meeting.
•Domestically, stronger-than-expected economic data this week has prompted investors to scale back bets on future RBA rate cuts.
• Immediate resistance is located at 0.6590(Higher BB), any close above will push the pair towards 0.6646(23.6%fib)
• Support is seen at 0.6497(38.2%fib) and break below could take the pair towards 0.6416(Lower BB).
Recommendation: Good to sell around 0.6550 with stop loss of 0.6650 and target price of 0.6450
