FxWirePro- Woodies pivot (Major) 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
Ichimoku analysis (4 Hour chart)
Tenken-Sen- $1738
Kijun-Sen- $1725
Gold recovered sharply more than $15 after the Fed policy statement. The Fed has kept its rates unchanged as expected and said that it is planning to keep rates on hold until the end of 2023. The central bank has upgraded 2021 GDP to 6.5% from 4.2%,core PCE forecast raised to 2.2% in 2021 from 1.8%. While the unemployment rate lowered to 4.5% in 2021 from 5%. US 10-year yield declined slightly after the dovish stance.
Economic data:
Markets eye US initial jobless claims and Philly fed manufacturing index for further direction.
Technical:
The yellow metal has broken significant resistance at $1745 after a long consolidation. It is facing strong resistance at $1760 any indicative break above that level will take till $1775/$1784/$1800. On the lower side, near-term support at $1740, violation below targets $1725/$1714/$1700/$1675.
It is good to buy on dips around $1745-46 with SL around $1735 for the TP of $1785.
