FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
Ichimoku analysis (4-Hour chart)
Tenken-Sen- $1826
Kijun-Sen- $1819
Gold has lost more than $30 from the high of $1834 made after dismal US jobs data. The regain in the US dollar index and surging US Treasury yields are putting pressure on the yellow metal at higher levels. The dollar index is holding above 92.50 levels, any breach above 92.60 (200-4H EMA) confirms further bullishness. The yellow metal hits a low of $1792 yesterday and is currently trading around $1798.10.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index – Bullish (negative for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The immediate resistance is around $1810 and a convincing break above will take the yellow metal $1818/$1835/$1850 if possible. It is facing strong support at $1790, violation below targets $1770/$1750.
It is good to buy on dips for around $1770 with SL around $1758 for TP of $1835.
