JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro:USD/JPY hovers near a four-decade low 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
Crypto Bias Report: Trend Signals and Top Bullish Picks 
Ichimoku Analysis (4- Hour chart)
Tenken-Sen- $1894.92
Kijun-Sen- $1894.70
Gold holds above $1900 despite mixed US economic data. It hit a high of $1904.51 yesterday and is currently trading around $1901.29.
US existing home sales declined by 2.2% in Jul to a seasonally adjusted annual rate of 4.07 million. August US Richmond manufacturing index came at -7 vs expected -10.
US dollar index- Bullish. Minor support around 103/102. The near-term resistance is 103.50/105.
According to the CME Fed watch tool, the probability of a no-rate hike in Sep decreased to 85% from 90% a week ago.
The US 10-year yield trades flat ahead of the Jackson Hole symposium. The US 10 and 2-year spread widened to -73% from -66%.
Factors to watch for gold price action-
Global stock market- bullish (negative for gold)
US dollar index - Bullish (bearish for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1885, a break below targets of $1847/$1820. The yellow metal faces minor resistance around $1920 and a breach above will take it to the next level of $942/$1950.
It is good to buy on dips around $1890 with SL around $1870 for TP of $1950.
