FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY edges higher, outlook bearish 
FxWirePro: GBP/NZD downside pressure builds, key support level in focus 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch 
FxWirePro: GBP/NZD downtrend extends, remains on bearish path 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves 
FxWirePro- Major Crypto levels and bias summary 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro: GBP/AUD consolidating around 1.9185, bias is bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish 
- Gold prices has shown a minor jump above $1308 and started to decline sharply from that level. US Donald Trump and Kim had a one to one meeting for 41 mins. Trump praises Kim and they have signed a document committing to work towards the complete denuclearization of the Korean peninsula. Markets eye US Fed policy meeting which is to be scheduled tomorrow. Any further rate hike will drag the gold prices further down. US 10 –year bond yield has slightly declined after hitting of 2.99%. USDJPY recovered sharply on easing geo political tension s between US and N.Korea. The pair jumped till 110.49 and is currently trading around 110.31. The yellow metal hits high of $1311 yesterday and is currently trading around $1298.02.
- The major three factors to be watched for gold price movement are
- US Dollar index – weak (positive for gold)
- USDJPY- Very strong (negative for gold)
- US 10 –year yield – 2.96% (0.5% jump for the day (slightly negative for gold)
- The yellow metals near term resistance at $1307 (200- day MA) and any convincing close above will take the yellow metal till $1316 (55- day EMA)/ $1324 (50% fibo).
- On the lower side, near term support is around $1289 and any break below will drag the yellow metal down till $1280/$.
It is good to sell on rallies around $1297-$1300 with SL around $1308 for the TP of $1280/$1269.
