FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro- Major Pair levels and bias summary 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro: Gold Weekly Outlook
Ichimoku analysis (Weekly chart)
Tenken-Sen- $1872
Kijun-Sen- $1907
Gold showed a massive sell-off from a high of $1871 on surging US dollar and US bond yield. The dollar index rose more than 100 pips till 91.60 and declined after weak Nonfarm payroll data. The US 10-year yield rose to the highest level since Mar 2020 in hopes of more stimulus aid.
Economic data:
US economy has added 49000 new jobs in Jan lower than the estimate of 85K. The December month data revised down to -227000. The unemployment rate declined to 6.3%vs 6.7%. US ISM manufacturing PMI came at 58.70 compared to an estimate of 60. The number of people who have filed for unemployment benefits declined to 779000 in the week ended Jan 30th vs a forecast of 828K.
Technical:
The pair faces strong support at $1780 (55-W EMA), violation below targets $1764/$1720. On the higher side, near term resistance is around $1822, any indicative break above that level will take till $1882/$1875.
It is good to sell on rallies around $1835-38 with SL around $1852 for the TP of $1760.
