NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High 
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
FxWirePro- Major European Indices 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential 
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows 
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 
FxWirePro- Major European Indices 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
Ichimoku Analysis (8-hours Chart)
Tenken-Sen- $1702.
Kijun-Sen- $1696
Gold recovered sharply on weak US economic data. The number of people applied for unemployment benefits during the weekend of May 2nd came to 3169000 much worse than the forecast of 3 million.
US Dollar index – weak (positive for Gold)
S&P500-Slightly positive (negative for gold)
US Bond yield- bearish (positive for gold)
Markets eye US Nonfarm payroll data to be released today for further direction.
On the flip side, the near term significant support is around $1678 (trend line support) and any violation below will drag the gold down till $1650/$1631/$1600.
The immediate resistance is around $1723, any indicative break beyond targets $1740/$1760/$1775.
It is good to buy on dips around $1712-13 with SL around $1700 for the TP of $1770.
