GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
Ichimoku analysis (4-hour chart)
Tenken-Sen- $1825.98
Kijun-Sen- $1797.26
Gold surged slightly after US PPI data. It rose 0.6% in October in line with a forecast of 0.6%. The yearly PPI increased 8.6%, the highest annual pace in 11 years. The US dollar index is trading in a narrow range between 93.87 and 94.15 for the past day. Any close above 94.50 confirms further bullishness. The minor sell-off in US treasury yields also supported the yellow metal. Gold hits a high of $1832.75 and is currently trading around $1826.82.
Factors to watch for gold price action-
Global stock market- Slightly bullish (negative for gold)
US dollar index –Bearish (positive for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
It faces strong support at $1800 violation below targets $1780/$1760/$1750$1740. Significant trend continuation only below $1675. The yellow metal is facing resistance at $1835, any break above will take the yellow metal to $1860. The major bullish trend after it breaks $1835.
It is good to buy on dips around $1800 with SL around $1780 for TP of $1860.
