CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
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: AUD/USD gaining momentum for a move towards 0.6800 level 
- Gold edged lower almost $10 from the high of $1296.20 and it is currently trading around $1285.
- Market braces for key events today for further direction. Major events for the day UK election, ECB decision and Former FBI director Corney testimony before senate.
- EURO declined yesterday as ECB said to downgrade inflation forecasts tomorrow meeting. ECB is expected to keep its interest rates unchanged at 0% and deposits rate at -0.4%.
- In the daily chart, gold’s near term support is around $1272 (10 – day MA and 200 –H MA) and break below will drag the commodity down till $1264 (21- EMA)/$1259.
- On the higher side, any close above $1295 (Apr 17th 2017) will take the commodity to next level till $1337/$1352.
It is good to buy on dips around $1273 with SL around $1264 for the TP of $1295/$1337.
