FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike 
FxWirePro: USD/JPY edges higher but bulls lack punch 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
FxWirePro- Major Pair levels and bias summary 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
FxWirePro- Major Crypto levels and bias summary 
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout 
Ichimoku Analysis (4-Hour chart)
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1991.60
Kijun-Sen- $1991.78
Gold prices showed a minor weakness on US debt worries. US Treasury Secretary Yellen said that the US could run short of money after June 1st, 2023 if no deal is reached. The yellow metal lost more than $25 after hitting a high of $2006 yesterday. It is currently trading at around $1982.08.
US ISM manufacturing PMI came at 47.10in Apr compared to a forecast of 46.60.
US dollar index- Neutral. Minor support around 101/100. The near-term resistance is 102.35/103.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in May increased to 95.40% from 83.9% a day ago.
The US 10-year yield showed a minor pullback after US ISM manufacturing PMI. The US 10 and 2-year spread narrowed to -57.70% from -108%.
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 $1970, a break below targets of $1955/$1935.The yellow metal faces minor resistance around $2020, a breach above will take it to the next level of $2050/$2070.
It is good to buy on dips around $1950-52 with SL around $1935 for TP of $2040/$2070.
