FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro :USD/JPY eases slightly, remains on bullish path 
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro- Major Pair levels and bias summary 
Ichimoku Analysis (4-hour chart)
Tenken-Sen- $1862.09
Kijun-Sen- $1850.29
Gold lost more than $30 after Russia and Ukraine's tension de-escalated. The demand for riskier assets surged after Russia informed that some troops had withdrawn from the Ukraine border. Headline US PPI for Jan accelerated to 9.7 YoY vs 9.1 expected. Gold hits a low of $1844 and is currently trading around $1852.85.
Factors to watch for gold price action-
Global stock market- Bullish (negative for gold)
US dollar index –Bearish (positive for gold)
US10-year bond yield- Bullish (negative for gold)
Technical:
The near–term support is around $1840, violation below targets $1830/$1818. Significant reversal only below $1750.The yellow metal faces strong resistance of $1880, any violation above will take to the next level $1900/$1912/1925 is possible.
It is good to buy on dips for $1840 with SL around $1820 for TP of $1900.
