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FxWirePro- Major Pair levels and bias summary 
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 
FxWirePro- Major Crypto levels and bias summary 
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
FxWirePro: USD/JPY edges higher but bulls lack punch 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro: GBP/USD recovers some ground but bears are not done yet 
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FxWirePro: EUR/AUD downward momentum remains in place 
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FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1924.31
Kijun-Sen- $1935.39
Gold prices showed a massive sell-off after Powell's testimony and rate hike by major central banks. US Fed chairman Powell reaffirmed that two more hikes have dragged gold further down this year. The hawkish testimony by Powell has pushed the dollar higher. It hits a low of $1910.40 and is currently trading around $1912.67.
The Bank of England has surprised markets with a 50 bpbs rate hike to 5%, its highest since 2008. The SNB hiked the rate by 25 bpbs to 1.75% in line with expectations.
The number of people who have filed for unemployment benefits remains steady at 264000, slightly above the forecast of 261000.
US dollar index- weak. Minor support around 101.80/101. The near-term resistance is 103/103.85.
According to the CME Fed watch tool, the probability of a 25 bpbs rate hike in July decreased to 76.9% from 67% a week ago.
The US 10-year yield recovered after hawkish comments from the fed chairman. The US 10 and 2-year spread widened to -100% from -35%.
Factors to watch for gold price action-
Global stock market- bullish (negative for gold)
US dollar index - mixed (neutral for gold)
US10-year bond yield- Bullish (Bearish for gold)
Technical:
The near–term support is around $1900, a break below targets of $1878/$1868.The yellow metal faces minor resistance around $1925; a breach above will take it to the next level of $1934/$1942/$1950.
It is good to sell on rallies around $1960-61 with SL around $1975 for TP of $1920/$1900.
