Geopolitical Easing Fuels AUDJPY Rally Toward 115 — Buy Dips at 113 
FxWirePro: USD/ CNY falls towards 6.750, bears keep the advantage 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
Relief Rally Extends to 112.75, but AUDJPY EMA Structure Favors Selling 
Peace Dividend Powers NZDJPY Past 93.50 — Bulls Set Sights on 96.15 Target 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
Sell the Bounce: NZDJPY Bearish Bias Persists Below 94.20, Eyes 90.50 
FxWirePro- Major Pair levels and bias summary 
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: NZD/USD jumps after US and Iran agree preliminary deal 
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish 
Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200 
Gold chart - Trading View
- Gold edged lower on Monday's trade amid improved risk sentiment after fresh US-China trade talks.
- However, price failed to break below 5-DMA support. 5-DMA is upward sloping and is offering strong support.
- The pair is trading in the green in the European session despite signs of risk reset. Weakness in the US dollar likely supporting price.
- Technical indicators on the hourly charts have turned bullish. Price has broken above 1H 200 SMA and we see a bullish divergence which adds to upside bias.
- Focus on U.S. CPI data for further impetus. Gold price could test $1,300 if the US CPI misses estimates.
- CPI is likely to remain unchanged at 1.6% y/y. Core CPI is expected to remain unchanged at 0.2% and 2.2% m/m and y/y respectively.
Support levels - 1295.25 (1H 200-SMA), 1291.83 (5-DMA), 1280.57 (Mar 7 low)
Resistance levels - 1300, 1305.92 (38.2% Fib), 1307.19 (5W SMA)
Recommendation: Good to go long on dips around 1296, SL: 1290, TP: 1300/ 1305/ 1307
For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
