FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro- Major Crypto levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro- Major Pair levels and bias summary 
Ichimoku analysis (4-hour chart)
Tenken-Sen- $1854.78
Kijun-Sen- $1840.06
Gold is trading flat after a huge surge of more than $50 this week. The upbeat US inflation data has increased hopes of rate hikes by the Fed. The US dollar index surged sharply and hits the highest level since June 2020. The jump in US treasury yield also puts pressure on the yellow metal at higher levels. Gold hits an intraday high of $1862.45 and is currently trading around $1856.79.
Factors to watch for gold price action-
Global stock market- Slightly bullish (negative for gold)
US dollar index –Bullish (Negative for gold)
US10-year bond yield- Bullish (negative 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 sell on rallies around $1859-60 with SL around $1870 for TP of $1802.
