FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD partially recovers early losses on Iran news 
FxWirePro: GBP/NZD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/USD slides as UK political uncertainty weighs on pound 
BTC Bombs Higher Despite Iran Conflict: Hits $69K+ – Buy the Dip at $67K for $80K Glory? 
FxWirePro: EUR/ NZD extends drop, faces 38.2% fib support 
FxWirePro: USD/JPY edges lower but bullish outlook persists 
USDCHF Explodes Higher: Breaks to 0.78135 High – Bulls Eye 0.8000 Breakout 
FxWirePro: EUR/AUD hits 1-year, scope for further downside 
FxWirePro: NZD/USD falls as Iran war lifts greenback 
FxWirePro- Major European Indices 
AUDJPY Coils in Tight Range – Buy the Dip at 110.60, 112 in Sight 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: USD/ZAR recovers slightly but bears are not done yet 
FxWirePro: USD/CAD changes short term trend from neutral to bearish 
Previous Week
The Yen, gold and oil shined well in the previous week on geopolitical risk. The escalation of tension in the Middle East after the US killed a top Iranian Military general. President Trump threatened to hit 52 Iranian sites if Iran retaliates.
DXY declined slightly after a minor jump till 97.11 on USDJPY sell-off. It hits a low of 96.36 previous weeks and currently trading around 96.81.
The major economic data from the US was the ISM Manufacturing index which has contracted at 47.2, the lowest level since 2009.
The precious metal was the best performer in 2020 especially Gold jumped more than $50 on an increase in demand for Safe-haven assets.
US 10 year bond yield has lost more than 9% from temporary top 1.948%. The spread between US 10 year and 2 years has narrowed to 25 bps from 35.7 bps
Weekly Technical:
EURUSD:
Major trend reversal level- 1.12860
Near term support- 1.1100/1.10350
Near term resistance – 1.1245/ 1.12885
USDJPY:
Major trend reversal level- 107.20
Near term support- 107.20/106.40
Near term resistance – 108.80/109.75
USDCHF
Major trend reversal level- 0.9645
Near term support- 0.9645/0.9540
Near term resistance – 0.9770/0.9845
USDCAD
Major trend reversal level- 1.29290
Near term support- 1.29290/1.2800
Near term resistance – 1.3025/1.3100
Gold
Major trend reversal level- $1600
Near term support- $1550/$1515
Near term resistance – $1600/$1625
WTI Crude
Major trend reversal level- $65
Near term support- $63/$61.45
Near term resistance – $65/$66.80.
Major Economic events for the week
US ISM Services – Tuesday (3:00 pm GMT)
US ADP employment - Wednesday (1:15pm GMT)
BOC Gov Poloz Speaks –Thursday ( 7:00 pm GMT)
US Non-Farm employment change –Friday (12:30 GMT)
