AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117 
FxWirePro: GBP/NZD extends decline , vulnerable to more downside 
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support 
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85 
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217 
BTC Craters Below All Key EMAs: $2.63B ETF Selloff Triggers 'Sell on Rallies' to $67K 
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists 
FxWirePro: EUR/AUD downward momentum remains in place 
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns 
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data 
FxWirePro: USD/ZAR recovers some ground but outlook is bearish 
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff 
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700 
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target 
FxWirePro: USD/CAD bulls continue to hold the higher ground 
Ichimoku Analysis (Weekly chart)
Tenken-Sen- $1809.09
Kijun-Sen- $1901.39
Gold price consolidating in a narrow range between $1732.32 and $1752.48 for the past three days despite robust US NFP data. US economy has added 372K jobs in June beating the forecast 260K. The upbeat jobs data has cooled off recession worries and increased the chance of aggressive rate hikes. According to the CME Fed watch tool, the probability of a 75 bpbs rate hike in Jul rose to 93% from 86.2% a week ago. The surge in the US dollar on recession fears puts pressure on the yellow metal. US dollar index regained above 107 level. Any violation above the recent high of 107.78 confirms a bullish continuation.
The number of people who have filed for unemployment benefits rose by 4000 to 235000 previous week compared to an estimate of 230000. US ISM services declined to two year low at 55.3 in June vs 55.9. the previous month. It hits a low of $1732.32 and is currently trading around $1742.30.
US primary economic data this week
CPI (Wed), retail sales (Fri), Industrial production.
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 $1730, a breach below targets $1700/$1650—significant reversal only below $1700. The yellow metal faces minor resistance around $1760, breach above will take it to the next level of $1780/$1800.
It is good to sell on rallies around $1750-52 with SL around $1770 for TP of $1700.
