FxWirePro: USD/CAD recovers slightly but bearish outlook persists 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro: USD/ZAR edges lower ,investors remain on edge 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: GBP/USD biased higher but rally currently stretched 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
- Gold prices was trading weak in previous week and has declined almost $40 from the high of $1322 on account of rising US 10 year bond yield and US dollar. US 10 year bond yield jumped more than 6% in previous week and hits 7- year high at 3.129%. US 10 year yield and Gold has perfect negative correlation with each other. USD/JPY is continuing its previous week bullishness and has jumped more than 50 pips in today’s Asian session. It is currently trading around 111.37. US dollar index has broken previous week high of 93.63 and jumped till 93.99. The yellow metal has broken the support of $1285 (61.8% fibo) and is currently trading around $1283.34.
- The yellow metals near term resistance at $1297 (55-W EMA) and any break above will take the yellow metal till $1302 (Weekly Kijun-Sen)/ $1309 (34-W EMA).
- 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 $1288-90 with SL around $1297 for the TP of $1269.
