FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside 
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
FxWirePro: GBP/USD falls to two-day low, scope for further downside 
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
FxWirePro- Major Crypto levels and bias summary 
Ichimoku analysis (4-hours chart)
Tenken-Sen- $1789.39
Kijun-Sen- $1792.78
Gold showed a massive sell-off after hawkish Powell testimony. US Fed Chairman said that central bank will speed up tapering of asset purchase earlier than expected. The US dollar regained sharply above 96.50 and started to show a minor decline. The US 10-year yield declined to three –week low due to omicron fears. The yellow metal hits a low of $1771 yesterday and is currently trading around $1779.
Factors to watch for gold price action-
Global stock market- Bearish (Positive for gold)
US dollar index –Bullish (negative for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
It faces strong support at $1770, violation below targets $1760/$1740/$1700.Significant trend continuation only below $1675. The yellow metal facing strong resistance $1782, any violation above will take to the next level $1800/$1815/$1835/$1860/$1900 is possible.
It is good to sell on rallies around $1800-01 with SL around $1815 for TP of $1765.
