FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: USD/CNY bears maintain upper hand 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: USD/ZAR sell bias remains below key resistance zone 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
FxWirePro- Major Crypto levels and bias summary 
Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
FxWirePro- Gold Daily Outlook
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1922.28
Kijun-Sen- $1934.18
Gold holds below $1920 on upbeat US ISM services PMI data. It has a low of $1915.37 at the time of writing and is currently trading around $1919.88.
US ISM services PMI rose to 54.50 in August, compared to a forecast of 52.50. The US dollar index gained momentum after US ISM services hit the strongest level since Feb.
Major economic data for the week
Sep 7th, 2023, Unemployment claims (12:30 pm GMT)
US dollar index- Bullish. Minor support around 103/102. The near-term resistance is 105/106.
According to the CME Fed watch tool, the probability of a no-rate hike in Sep increased to 93% from 90% a week ago.
The US 10-year yield jumped more than 6% from a temporary low of 4% on strong US ISM services PMI. The US 10 and 2-year spread narrowed to -69% from -86.4%.
Factors to watch for gold price action-
Global stock market- mixed (neutral for gold)
US dollar index - Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1924, a break below targets of$1911/$1900. The yellow metal faces minor resistance around $1950 and a breach above will take it to the next level of $1970/$2000.
It is good to sell on rallies around $1935-36 with SL around $1951 for TP of $1885.
