FxWirePro- Major European Indices 
FxWirePro: GBP/NZD retreats slightly but trend is still bullish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro: GBP/AUD moves lower on weak UK data 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Major Pair levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
Ichimoku Analysis (4 hour chart)
Tenken-Sen- $1988.26
Kijun-Sen- $1982.08
Gold pared some of its gains after the FOMC meeting minutes. It hit a high of $2007 and is currently trading around $1995.
Fed officials unanimously decided to keep the benchmark lending rate unchanged in a range of 5.25% to 5.5%. The Fed members agreed that the central bank would hike rates if incoming data was insufficient.
Major Economic Data for the week
Nov 22nd, 2023, Durable goods orders, US jobless claims (1:30 pm GMT)
US dollar index- Bearish. Minor support around 103/102. The near-term resistance is 104/105.
According to the CME Fed watch tool, the probability of a no-rate hike in Dec decreased to 95% from 99.80% a week ago.
The US 10-year yield trades weak after the hawkish rate pause. The US 10 and 2-year spread widened to -47% from -16%.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index - Weak (positive for gold)
US10-year bond yield- Bearish (Positive for gold)
Technical:
The near–term support is around $1965, a break below targets of $1950/$1929/$1900/$1850. The yellow metal faces minor resistance around $2000 and a breach above will take it to the next level of $2010/$2025.
It is good to buy on dips around $1980-81 with SL around $1968 for TP of $2007.
