FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains 
FxWirePro:GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: EUR/AUD getting back on track for run towards 1.6650 level 
FxWirePro- Ethereum Daily Outlook 
FxWirePro- OKBUSD (Chart of the day) 
FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level 
FxWirePro:EUR/NZD uptrend intact, prepping for key resistance breakout 
FxWirePro: GBP/NZD extends gains, faces 23.6%fib resistance 
FxWirePro- Silver Daily Outlook 
FxWirePro- Silver Daily Outlook 
FxWirePro: GBP/NZD beginning to trend higher but hurdle ahead 
FxWirePro:GBP/NZD downside pressure builds, key support level in focus 
FxWirePro- ONDOUSD (Chart of the day) 
FxWirePro:EUR/NZD buoyancy keeps consolidation intact, set for further gains 
FxWirePro:EUR/NZD maintains bullish bias with focus on 1.8150 level 
FxWirePro- BTCUSD Daily Outlook 
FxWirePro GBP/NZD drops on dovish BoE comments, more downside expected 
Gold has recovered more than $10 as US markets hit 14-month low. Markets eye US Fed decision for further direction.It is currently trading around $1248.
The major three factors that drive gold prices
US dollar Index: neutral. DXY has lost more than 50 pips from high of 97.71.US dollar index’s major resistance is around 97.75 (trend line resistance) and any further bullishness only above that level.It is currently trading around 97.06. (positive for gold).
USD/JPY: Strong. The pair is trading weak and lost more than 50 pips after breaking major support 113.20.It is currently trading around 112.54. The near term support is around 112.20 and any break below targets 111.37. Slightly positive for gold.
US 10 year yield : US 10 year yield has lost more than 2.5% after a minor recovery till 2.92%. It is currently trading around 2.85%.positive for Gold.
US 2 year yield: It has lost more than 4% from high of 2.78% on Dec 13th 2018.The spread between US 10 year and 2 year has decreased sharply to 17bpbs from 30 bpbs. The spread between 5 year and 2- year yield has inverted for the first time since 2007.
Gold technical
Major support $1183
Major resistance - $1243
On the higher side, major resistance is around $1251 and any convincing break above targets $1260/$1265.
The near term support is around $1233 (20-day MA) and any violation below will drag the commodity down till $1225 (89-day EMA)/$1217.
It is good to buy on dips around $1242-43 with SL around $1236 for the TP of $1260.
