FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains 
FxWirePro: NZD/USD softens on Iran peace talk failure 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: AUD/USD bulls struggles as upside momentum fades 
FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: USD/JPY holding bid into weekend 
- Gold prices has declined more than $25 yesterday on account of rising US 10 year bond yield and US dollar. US 10 year bond yield jumped more than 3% yesterday and hits fresh 4 year high at 3.09%. US 10 year yield and Gold has perfect negative correlation with each other. It is currently trading around 3.06%.USD/JPY also broken major resistance 110 and jumped till 110.45 and is trading slightly above 200-day MA. US dollar index recovered sharply more than 100 pips yesterday till 93.45. the yellow metal shown minor jump after hitting low of $1288 and is currently trading around $1294.
- The yellow metals near term resistance at $1306 (200- day MA) and any break above will take the yellow metal till $1318-19 (38.2% fib/20- day MA)/$1325 (100- day MA)/$1330.
- On the lower side, near term support is around $1284 (61.8% fibo) and any daily close below will drag the yellow metal down till $1269/$1263..
It is good to sell on rallies around $1298-300 with SL around $1307 for the TP of $1285/$1269.
