CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
Ichimoku analysis (Hourly chart)
Tenken-Sen- $1808
Kijun-Sen- $1805
Gold is consolidating after a minor jump to $1816. The US dollar index declined slightly after a dovish comment from Fed chairman Powell. In the semi-annual testimony, Powell stated that the decline in the number of coronavirus cases and hospitalization and ongoing vaccinations has increased hopes of the normal condition later this year. The yield has lost more than 5% after hitting a multi-year high. The index of consumer confidence rose to a 3-month high at 91.3 in Feb better than the forecast of 90.
Technical:
The yellow metal is facing significant support at $1790, any violation below will drag the commodity to $1760/$1750.The significant nearby resistance is $1816, any indicative break above will take the gold till $1829/$1837/$1850.
It is good to buy on dips around $1785-88 with SL around $1760 for the TP of $1860.
