EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
CAD/JPY Bounces to 113.22 — BOC Hold Sparks Dip-Buy Setup Toward 115 
AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout 
FxWirePro: EUR/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage 
FxWirePro: USD/JPY gains some ground but bearish outlook persists 
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip 
FxWirePro: AUD/USD eases from 3-year high , bias bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD downtrend slows, but bearish sentiment remains 
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight 
FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed 
USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop 
FxWirePro- Major Pair levels and bias summary 
- Major support - $1273 (7 day EMA)
- Major resistance - $1304 (May 2nd high)
- The yellow metal has broken major resistance $1300 and jumped till $1301.22 at the time of writing. It is currently trading around $1299.68.
- Gold recovered from the low of $1278 after Fed has kept its interest rates unchanged at 0.25%-0.50% and scales back rate hike projections. The central has lowered its growth projection from 2.2 percent at the Mar meeting to 2% this week.
- The minor support of Gold is around $1273 (7 day EMA ) and any break below will drag the pair down till $1266 (55 4H EMA)/$1250 (daily Tenken-Sen).
- On the higher side any break above $1304 will take the gold to next level at $1315 (200 W MA)/$1320.
- Overall trend reversal only below $1200.
It is good to buy at dips around $1285 with SL around $1273 for the TP of $1305/$1314
