FxWirePro: USD/CAD bulls continue to hold the higher ground 
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FxWirePro- Major Crypto levels and bias summary 
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NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact 
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 
FxWirePro- Major Pair levels and bias summary 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
Ichimoku Analysis (4- hour Chart)
Tenken-Sen- $1793.06
Kijun-Sen- $1789.38
Gold price regained after a minor decline to $1783 on weak US PPI data. It fell by 0.5% in July for the first time since the COVID pandemic compared to a forecast of 0.2%. US dollar index halted its weak trend and showed a pullback above 105 despite the PPI miss. Markets eye geopolitical tension between China and Taiwan for further direction.
According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Sep dropped to 37.5% from 42% a day ago.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index – Bearish (positive for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
The near–term support is around $1780, a breach below targets $1760/$1750/$1740. Significant reversal only below $1650. The yellow metal faces minor resistance around $1800, breach above will take it to the next level of $1820/$1840.
It is good to buy on dips for around $1770 with SL at around $1750 for TP of $1825.
