FxWirePro- Major Crypto levels and bias summary 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro- Major European Indices 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro: GBP/AUD moves lower on weak UK data 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1972.77
Kijun-Sen- $1958.29
Gold halted its four weeks of a bullish trend on improved market sentiment. The yellow metal showed a massive rally this month and jumped more than $100 on geopolitical tension between Russia and Ukraine. The surge in oil price will increase inflation further supporting precious metals. Gold hits an intraday low of $1981 and is currently trading around $1988.70.
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:
The near–term support is around $1960, violation below targets $1950/$1922. Significant reversal only below $1875.The yellow metal faces strong resistance of $2000, any violation above will take to the next level $2015/$2050.
It is good to buy on dips for $1965-67 with SL around $1950 for TP of $2050.
