FxWirePro: GBP/USD steadies ahead key data, BoE event risk 
FxWirePro: USD/CAD pauses decline,critical support lies ahead 
FxWirePro- Major European Indices 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: NZD/USD weakens as RBNZ quashes rate hike talk 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro: AUD/USD dips on soft China data 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
NZD/JPY: Bearish Momentum Builds — Sell the Rallies Below 90.90 for a Slide Toward 88.00 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
Yen Strikes Back: AUD/JPY Retreats as BOJ Policy Looms – Sell on Rallies to 100 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
- Gold edged lower almost $18 yesterday on Friday on account of Fed meeting to be held this week. The yellow metal hits low of $1264 and it is currently trading around $1267.
- Fed is expected to raise its federal funds target to between 1% and 1.25% from 0.75% and 1% the fourth increase since financial crisis. The US unemployment rate fell to a 16- year low of 4.3% in May and analysts expect the Fed to nudge down unemployment rate on Wednesday.
- In the 4 hours chart , gold’s near term support is around $1266 (21 EMA) and break below will drag the commodity down till $1249 (89 day EMA)/$1241 (200- MA).
- On the higher side, minor resistance is around $1274 (- 4H EMA) will take the commodity to next level till $1296/$1310.
It is good to sell on rallies around $1270 with SL around $1277 for the TP of $1256.
