FxWirePro- Major Crypto levels and bias summary 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
Ichimoku Analysis (4-Hour chart)
Tenken-Sen- $1945.38
Kijun-Sen- $1961.09
Gold prices hit a fresh 8-week low on upbeat market sentiment. US President and House Speaker Kevin McCarthy have reached a deal for a debt ceiling deal to avert a debt default. It hit a low of $1936.85 yesterday and is currently trading around $1945.55.
Major economic data for the day
May 30th, 2023, US CB Consumer Confidence (2 pm GMT)
US dollar index- Bullish. Minor support around 102.30/101.50. The near-term resistance is 104.20/105.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in June increased to 60.10% from 25.70% a week ago.
The US 10-year yield pared some of its gains due to profit booking. The US 10 and 2-year spread narrowed to -81.20% from -108%.
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 (Bearish for gold)
Technical:
The near–term support is around $1935, a break below targets of $1920/$1900.The yellow metal faces minor resistance around $1955, and a breach above will take it to the next level of $1970/$2000/$2020/$2040/$2070/$2100/$2150.
It is good to sell on rallies around $1955 with SL around $1970 for TP of $1920/$1900.
