• GBP/AUD gained some upward traction on Monday as weaker oil prices and remarks from RBA Governor Michele Bullock weighed on Australian dollar.
• Oil prices slipped pressured by concerns over global oversupply, which outweighed ongoing geopolitical tensions in Russia and the Middle East.
• RBA Governor Michele Bullock said Monday that Australia’s economy remains resilient, with slowing inflation and a strong labor market giving the central bank room to ease policy further if needed.
• A daily close above 38.2%fib will further improve the technical outlook, and open the possibility of a rally towards 2.0600 level
• Immediate resistance is located at 2.0530 (38.2%fib ), any close above will push the pair towards 2.0588 Sep 18th high).
• Strong support is seen at 2.0378(23.6%fib ), and break below could take the pair towards 2.0320 (Lower BB).
Recommendation: Good to buy around 2.0470 with stop loss of 2.0400 and target price of 2.0600


FxWirePro: USD/JPY uptrend loses steam, remains on bullish path
FxWirePro- Major Crypto levels and bias summary
JPY Action Bias: CADJPY Turns Extremely Bullish While Other Pairs Hold Positive Ground
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
FxWirePro:EUR/NZD stuck In narrow ranges, focus on near term support
FxWirePro: USD/ZAR advances as South African rand weakens amid renewed Middle East tensions
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: GBP/USD under pressure despite UK's modest economic growth
Gold Loses Steam After Strong U.S. Retail Sales
FxWirePro- Major Crypto levels and bias summary
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 



