Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Ichimoku Analysis (Daily chart)
Tenken-Sen- $1557.19
Kijun-Sen- $1581.70
Gold has declined sharply more than $50 from fresh 7-year high $1611 on easing tensions in the Middle East. US President Trump said in a speech yesterday that "Iran appears to be standing down, which is a good thing for all parties concerned and a very good thing for the world." This has decreased demand for Safe-haven assets like yen and gold. The yellow metal hits low of $1552 and is currently trading around $1558.
US ADP employment shows that the economy has added 202k private-sector jobs in Dec compared to an estimate of 150k and dollar index gained after the release of data. US 10- year bond yield has shown recovery of more than 6%, the spread between US 10 and 2-year has slightly narrowed to 27 bps from 35 bps.
The near term resistance is around $1575 and any break over targets $1588/$1600. On the flip side, nearby significant support is around $1538 (200 -H MA) and violation underneath will drag the gold down till $1518/$1507.
It is good to sell on rallies around $1565 with SL $1576 for the TP of $1538/$1518.
