GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 
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 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Major European Indices 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption 
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro- Woodies Pivot(Major) 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1820.64
Kijun-Sen- $1833.88
Gold prices trade flat after a massive sell-off of more than $40. The yellow metal lost its shine after hawkish comments from Fed Chairman Powell. ECB President spoke yesterday in WTO Geneva that ECB would take maximum efforts to tackle inflation. Gold hits a low of $1810.68 and is currently trading around $1814.23
US private sector has added 242000 jobs in Feb up from 119000, above the estimate of 197000.
Major economic data today
US Initial jobless claims (1:30 pm GMT)
US dollar index-Bullish. Minor support around 105.30/104.60. The near-term resistance is 106/107.
According to the CME Fed watch tool, the probability of a 50 bpbs rate hike in Mar surged to 74.9% from 24% a week ago.
The US 10-year yield showed a minor pullback and holds above 4% after the hawkish Fed Chairman's Speech. The US 10 and 2-year spread widened to -107.2 basis points from -77% bpbs.
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 $1800, a break below targets of $1788/$1748. The yellow metal faces minor resistance around $1822, and a breach above will take it to the next level of $1840/$1860/$1888/$1900.
It is good to sell on rallies around $1828-30 with SL around $1850 for TP of $1760/$1748.
