FxWirePro- Major Pair levels and bias summary 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro- Woodies Pivot(Major) 
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/NZD retreats slightly but trend is still bullish 
FxWirePro:EUR/AUD eases but bullish outlook persists 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1958.75
Kijun-Sen- $1956.45
Gold prices lost their shine after US inflation data. US core CPI rose 4% in May from 4.9% in Apr, the lowest level since Mar 2021 in Apr. US May inflation rate at 0.10% (MoM) Vs Est 0.30%. It hits a low of $1940 and is currently trading around $1949.04.
US dollar index- Neutral. Minor support around 103/102.70. The near-term resistance is 103.85/104.40.
Major economic data for the week
Jun 13th, Federal funds rate (12:30 PM)
According to the CME Fed watch tool, the probability of a no-rate hike in June increased to 89.60% from 78.20% a week ago.
The US 10-year yield surged sharply despite weak US CPI. The US 10 and 2-year spread widened to -84% from -35%.
Factors to watch for gold price action-
Global stock market- bullish (negative for gold)
US dollar index - Mixed (neutral for gold)
US10-year bond yield- Bullish (Bearish for gold)
Technical:
The near–term support is around $1935, a break below targets of $1920/$1900.The yellow metal faces minor resistance around $1965, and a breach above will take it to the next level of $1980/$2000/$2020/$2040/$2070/$2100/$2150.
It is good to sell on rallies around $1960 with SL around $1972 for TP of $1920/$1900.
