FxWirePro- Major Pair levels and bias summary 
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EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
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FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Pair levels and bias summary 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
Ichimoku Analysis (4-hour Chart)
Tenken-Sen- $1846
Kijun-Sen- $1862
Gold regained above $1850 after US CPI data. It cools off to 8.3% from March's 40-year high of 8.5%. The inflation is better than the forecast of 8.1%. The surge in the US dollar index and crude oil prices puts pressure on the yellow metal at higher levels. Markets eye US PPI data today for further direction. It hits an intraday high of $1858.85 and is currently trading around $1851.14.
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- Bullish (negative for gold)
Technical:
The near–term support is around $1830, a breach below targets $1800/$1750. Significant reversal only below $1750.The yellow metal faces strong resistance of $1870, any breach above will take to the next level $1900/$1920.
It is good to sell on rallies around $1854-55 with SL around $1885 for TP of $1750.
