FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro- Major European Indices 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro- Gold Daily Outlook
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1922.28
Kijun-Sen- $1934.18
Gold holds below $1920 on upbeat US ISM services PMI data. It has a low of $1915.37 at the time of writing and is currently trading around $1919.88.
US ISM services PMI rose to 54.50 in August, compared to a forecast of 52.50. The US dollar index gained momentum after US ISM services hit the strongest level since Feb.
Major economic data for the week
Sep 7th, 2023, Unemployment claims (12:30 pm GMT)
US dollar index- Bullish. Minor support around 103/102. The near-term resistance is 105/106.
According to the CME Fed watch tool, the probability of a no-rate hike in Sep increased to 93% from 90% a week ago.
The US 10-year yield jumped more than 6% from a temporary low of 4% on strong US ISM services PMI. The US 10 and 2-year spread narrowed to -69% from -86.4%.
Factors to watch for gold price action-
Global stock market- mixed (neutral for gold)
US dollar index - Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1924, a break below targets of$1911/$1900. The yellow metal faces minor resistance around $1950 and a breach above will take it to the next level of $1970/$2000.
It is good to sell on rallies around $1935-36 with SL around $1951 for TP of $1885.
