FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD hovers near 3-year peak, scope for further upside 
FxWirePro: NZD/USD loses momentum but outlook is bullish 
FxWirePro: GBP/USD bulls struggles as upside momentum fades 
FxWirePro: USD/CAD recovers slightly from early decline but bears are not done yet 
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD stuck in range but maintains bearish bias 
NZDJPY on Thin Ice: Sell the Rally as Bearish Setup Holds Below 93 
GBPJPY Bears Reload: 212 Ceiling Unyielding, Targets 208 & Below 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY edged higher but the overall bearish outlook remains intact 
AUD/JPY Bounces Off Support — But 108 Still Caps the Upside 
GBPJPY Stuck in Bearish Box — Sell Rallies While 212 Caps the Upside 
FxWirePro: EUR/ NZD edges higher but bulls lack punch 
FxWirePro: EUR/ NZD falls below 1.9800, bears keep the advantage 
Gold remains well supported above major support levels at $1185 levels.
- It made intraday high at $1194 and low at $1188 levels.
- The main event for the day is Fed chair Yellen testifies. She will head to Capitol Hill on Wednesday and Thursday to face scrutiny from lawmakers.|
- In addition, increasing concern over global equity markets helped to underpin demand for gold.
- On the top side, resistance levels are seen at $1200, $1205 and $1218 thereafter.
- Alternatively, reversal from $1200 levels may drag the parity towards $1175 levels.
- On the down side support levels are seen at $1188, $1182 and $1175 levels.
We maintain our bullish bias on XAU/USD. We prefer to take long position on XAU/USD around $1190, stop loss $1175 and target $1205 levels.
