USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro:EUR/AUD eases but bullish outlook persists 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
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 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
Ichimoku analysis (Weekly chart)
Tenken-Sen- $1756.57
Kijun-Sen- $1797.30
Gold is trading below $1800 for third consecutive weeks on surging US Treasury yields. The US 10-year yield jumped more than 15% after the hawkish Fed policy. The Chinese Evergrande debt crisis is supporting the yellow metal at lower levels. The company has missed the deadline for US bond interest payment. DXY facing a hurdle at trend line resistance at 93.45, any breach above 93.45 confirms further bullishness. The yellow metal hits a low of $1740 and is currently trading around $1758.78.
Economic data-
Fed has kept its rates unchanged at 0% to 0.25% and maintains its $80 billion treasury buying program as expected. The central bank said bond tapering to start by November 2021 and a rate hike may come in 2022. The number of people who have filed for unemployment benefits rose to 351000 for the week ended Sep 18th compared to a forecast of 320000.
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 (negative for gold)
Technical:
The immediate resistance is around $1770 and a convincing break above will take the yellow metal $1787/$1800 if possible. It is facing strong support at $1740, violation below targets $1$1725.
It is good to sell on rallies around $1765-66 with SL around $1787 for TP of $1675.
