FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: NZD/USD edges lower, remains on back foot 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
Ichimoku analysis (4-Hour chart)
Tenken-Sen- $1826
Kijun-Sen- $1819
Gold has lost more than $30 from the high of $1834 made after dismal US jobs data. The regain in the US dollar index and surging US Treasury yields are putting pressure on the yellow metal at higher levels. The dollar index is holding above 92.50 levels, any breach above 92.60 (200-4H EMA) confirms further bullishness. The yellow metal hits a low of $1792 yesterday and is currently trading around $1798.10.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index – Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The immediate resistance is around $1810 and a convincing break above will take the yellow metal $1818/$1835/$1850 if possible. It is facing strong support at $1790, violation below targets $1770/$1750.
It is good to buy on dips for around $1770 with SL around $1758 for TP of $1835.
