USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Woodies Pivot(Major) 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
Ichimoku Analysis (4-hour Chart)
Tenken-Sen- $1834.86
Kijun-Sen- $1848.38
Gold showed a dead cat bounce after hitting a fresh three-month low at $1810. US dollar gained despite weak PPI data. US Producer price cools off to 11% in Apr over the past year compared to a previous month of 11.5% on declining crude oil prices. It hits an intraday high of $1827.62 and is currently trading around $1827.17.
The number of people who have filed for unemployment benefits rose by 1000 last week to 203000 compared to a forecast of 190000.
Factors to watch for gold price action-
Global stock market- bearish (positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1800, a breach below targets $1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1836, any breach above will take to the next level $1850/$1862/$1880.
It is good to sell on rallies around $1838-40 with SL around $1860 for TP of $1750.
