FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
JPY Action Bias: Bullish Pairs to Watch Out For 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro- Major Crypto levels and bias summary 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
FxWirePro- Woodies pivot (Major) 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
Ichimoku Analysis (4-hours Chart)
Tenken-Sen- $1904.15
Kijun-Sen- $1924.42
Gold gained slightly after a decline of $40 this week. Markets eye US Fed monetary policy for further direction. According to the Fed watch tool, the probability for a 50 bpbs rate hike in June has increased to 99.1% from 80.4% a week ago. Markets eye Fed comments about Quantitative tightening plan for further direction. The yellow metal hits an intraday high of $1869 and is currently trading around $1863.68.
Factors to watch for gold price action-
Global stock market- Bearish (positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1850, a breach below targets $1800/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1875, any breach above will take to the next level $1900/$1920.
It is good to sell on rallies around $1900 with SL around $1925 for TP of $175
