• AUD/USD edged higher on Monday, but gains were constrained due to a lack of details regarding China's stimulus plans.
• Australian dollar is often traded as liquid proxy for the Chinese yuan as Beijing is the top trading partner of Australia.
• Traders are looking ahead to Australian jobs data on Thursday, where economists are expecting a rise of 25,000 for September and no change in the jobless rate at 4.2%.
• Technical signals show the pair could lose more ground as RSI is up at 45, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 0.6770 (38.2%fib), any close above will push the pair towards 0.6816(Oct 7th high).
• Support is seen at 0.6718(23.6%fib) and break below could take the pair towards 0.6691 (lower BB).
Recommendation: Be on sidelines


FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
FxWirePro: USD/CNY edges higher but bulls lack punch
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 



