FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage 
FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed 
Oil Spikes on US-Iran Fire: $66 Highs Hit, Buy the Dip at $57–58 for $63 Bounce 
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce 
GBPJPY Bulls Stay in Charge: Holding 210 Unlocks 214+ Upside – Buy the Dip 
AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout 
CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout 
FxWirePro: GBP/NZD maintains bearish bias with focus on 2.2650 level 
FxWirePro- Major European Indices 
FxWirePro: EUR/AUD gains some upside momentum but still bearish 
USDCHF PPI-Powered Spike Fades: Sell Rallies Near 0.7750 – Eyes 0.7500 Drop 
Fed Pause Fails to Lift Dollar — USD/CHF Pulls Back to 0.76822, Bears in Control 
FxWirePro: AUD/USD eases from 3-year high , bias bullish 
Previous Week
The Yen, gold and oil shined well in the previous week on geopolitical risk. The escalation of tension in the Middle East after the US killed a top Iranian Military general. President Trump threatened to hit 52 Iranian sites if Iran retaliates.
DXY declined slightly after a minor jump till 97.11 on USDJPY sell-off. It hits a low of 96.36 previous weeks and currently trading around 96.81.
The major economic data from the US was the ISM Manufacturing index which has contracted at 47.2, the lowest level since 2009.
The precious metal was the best performer in 2020 especially Gold jumped more than $50 on an increase in demand for Safe-haven assets.
US 10 year bond yield has lost more than 9% from temporary top 1.948%. The spread between US 10 year and 2 years has narrowed to 25 bps from 35.7 bps
Weekly Technical:
EURUSD:
Major trend reversal level- 1.12860
Near term support- 1.1100/1.10350
Near term resistance – 1.1245/ 1.12885
USDJPY:
Major trend reversal level- 107.20
Near term support- 107.20/106.40
Near term resistance – 108.80/109.75
USDCHF
Major trend reversal level- 0.9645
Near term support- 0.9645/0.9540
Near term resistance – 0.9770/0.9845
USDCAD
Major trend reversal level- 1.29290
Near term support- 1.29290/1.2800
Near term resistance – 1.3025/1.3100
Gold
Major trend reversal level- $1600
Near term support- $1550/$1515
Near term resistance – $1600/$1625
WTI Crude
Major trend reversal level- $65
Near term support- $63/$61.45
Near term resistance – $65/$66.80.
Major Economic events for the week
US ISM Services – Tuesday (3:00 pm GMT)
US ADP employment - Wednesday (1:15pm GMT)
BOC Gov Poloz Speaks –Thursday ( 7:00 pm GMT)
US Non-Farm employment change –Friday (12:30 GMT)
