• EUR/AUD rebounded sharply on Friday as buying intensified on President Trump's threat to increase tariffs on China.
• Trade war fears resurfaced after Donald Trump threatened to impose steep tariffs on Chinese imports, raising concerns about renewed tensions between the world’s two largest economies.
• Trump warned of a “massive increase” in tariffs on Chinese imports, retaliating against Beijing’s proposed export controls on rare earth production, unsettling global financial m arkets.
• This week, China tightened export restrictions on critical rare earth materials and announced on Friday that it will levy additional port fees on U.S. vessels starting October 14.
• Immediate resistance is located at 1.7961 (Higher BB), any close above will push the pair towards 1.8137 (38.2 % fib).
• Support is seen at 1.7778 (50% fib) and break below could take the pair towards 1.7617 (Lower BB).
Recommendation: Good to buy around 1.7920, with stop loss of 1.7860 and target price of 1.8030


FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: GBP/AUD positions for another drop, eyes 2.0100 level
FxWirePro- Major European Indices
GBPJPY Eyes 208: Pound Pulls Back, Bulls Guard 206
FxWirePro: USD/JPY dips below lower range, bearish bias increases
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro- Major US Indices
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
FxWirePro: USD/ CNY gains some upside momentum but still bearish
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 



