Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/NZD edges up, remains on front foot 
FxWirePro- Major European Indices 
FxWirePro: USD/JPY edges up as yen dips after soft household spending data 
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying 
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
FxWirePro: GBP/NZD reverses course, bias back to downside 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows 
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
Candlestick pattern- Long-legged Doji
Ichimoku Analysis (Weekly Chart)
Tenken-Sen- $1599
Kijun-Sen- $1596
Gold has lost more than $70 from a previous week of high $1747 on a slight surge in the global stock market. It hits a low of $1671.60 at the time of writing. The major factors to be watched are
Coronavirus
The total number of people infected due to coronavirus rose to 2407414 with the U.S is in the top with 764265 and four major European economies like Spain, Italy, Germany, and France at 198674,178972, 152894 and 145742.
US Market:
US stocks especially Dow Jones and S&P500 is trading higher for the past 2 days. It has jumped more than 5%.
Bond Yield
US 10-year yield is trading weak for the past 5 days and declined more than 25%. The spread between US-2 and 10-year narrowed to 42bps from 72 bps.
Technicals:
On the flip side, near term support is at $1670 and any violation below will drag the yellow metal down till $1660/$1518.
The immediate resistance is around $1700, any indicative break above targets $1725/$1740.
It is good to buy on dips around $1670 with SL around $1650 for the TP of $1740.
