FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major European Indices 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Woodies Pivot(Major) 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1929.94
Kijun-Sen- $1926.42
Gold trades lower on a strong US dollar. The US dollar index gained on aggressive rate hike increase. The surge in US treasury yields also put pressure on the yellow metal. The yellow metal hits an intraday low of $1928 and is currently trading around $1928.20.
The number of people who have filed for unemployment benefits declined to 166000 last week vs. an estimate of 201K.
Factors to watch for gold price action-
Global stock market- Flat (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 $1915, violation below targets $1910/$1895/$1877/$1850/$1800. Significant reversal only below $175z0.The yellow metal faces strong resistance of $1950, any breach above will take to the next level $1960/$1977/$2000/$2020.
It is good to sell on rallies around $1928-30 with SL around $1950 for TP of $1850.
