FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: NZD/USD edges lower, remains on back foot 
JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD dips after RBA Governor speech 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
Chart - Courtesy Trading View
Spot Analysis:
AUD/USD was trading 0.30% higher on the day at 0.7533 at around 06:35 GMT
Previous Week's High/ Low: 0.7417/ 0.7165
Previous Session's High/ Low: 0.7527/ 0.7466
Fundamental Overview:
The Australian dollar extends gains for the second straight week amid rising iron ore prices.
US Pending Home Sales for February will be in focus along with headlines from Ukraine which will be the key amid the European leaders' meet.
Technical Analysis:
- GMMA indicator shows major and minor trend are bullish
- Price action has broken above weekly cloud
- Momentum is bullish, volatility is high
- MACD and ADX support further gains
Major Support and Resistance Levels:
Support - 0.75 (Weekly cloud top), Resistance - 0.7633 (110-month EMA)
Summary: AUD/USD trades with a bullish bias. Scope for test of 0.7630. Failure to close above weekly cloud will dent upside.
