Ichimoku analysis (Weekly chart)
Tenken-Sen- $1865
Kijun-Sen- $1919
Gold continues to trade lower for the past three consecutive weeks lost more than $150 on the surging US dollar. DXY is holding well above 90 levels, significant trend continuation only above 91. The slight profit booking in the US 10-year yield is supporting the yellow metal at lower levels.
Economic data:
US retail declined for the third consecutive time and dropped by 0.7% in Dec vs analyst forecast of 0.0%. US Empire state manufacturing index came at 3.5 in Jan weaker than predicted. US CPI advanced to 0.4% in-line with the estimate. The number of people who have filed for unemployment benefits rose to 965 K compared to 785K.
Technical:
It is facing strong support at $1800, violation below targets $1760/$1720.On the higher side, near term resistance is around $1862, any indicative break above that level will take till $1876/$1885.
It is good to sell on rallies around $1838-40 with SL around $1851 for the TP of $1760.


FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
FxWirePro: USD/CAD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 



