Ichimoku analysis (Weekly chart)
Tenken-Sen- $1718
Kijun-Sen- $1717
Gold has declined sharply after a minor jump to $1758. The weakness in the US dollar index is supporting the yellow metal at lower prices. US dollar index lost more than 100 pips from a minor top 93.43. The upbeat market sentiment and positive vaccine rollout are putting pressure on the US dollar. US 10-year yield is trading slightly lower after forming a minor top around 1.774%.
Economic data:
US ISM services surged to a record high in Mar due to upbeat growth in new orders. It came at 63.7comapred to a forecast of 58.3. US Producer price index for Mar surged to 1% compared to a forecast of 0.5%.
Technical:
It is facing strong support at $1730, violation below targets $1719/$1700. Significant trend continuation only below $1675. On the higher side, near-term resistance is around $1760, any indicative break above that level will take till $1783/$1800.
It is good to sell on rallies around $1753-54 with SL around $1760 for the TP of $1732/$1700.


FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD slips after Fed holds rates steady
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro- Major Pair levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro- Major Crypto levels and bias summary 



