NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro- Major Pair levels and bias summary 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: NZD/USD edges lower, remains on back foot 
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.
