FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1948.93
Kijun-Sen- $1968.88
Gold continues to trade lower despite minor profit booking in US treasury yields. The precious metal kept calm after US housing data. Existing home sales declined for a second consecutive month to a seasonally adjusted annual rate of 5..77 million. Markets eye US Fed chairman Powell's speech today for further direction. The increase of coronavirus in China and The yellow metal hits an intraday low of $1950 and is currently trading around $1951.71.
Factors to watch for gold price action-
Global stock market- bullish (Negative for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1938, violation below targets $1919/$1900. Significant reversal only below $1890. A dip to $1850/$1800 is possible. The yellow metal faces strong resistance of $2000, any breach above will take to the next level $2020/$2050.
It is good to sell on rallies around $1978-79 with SL around $2000 for TP of $1890.
