FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level 
FxWirePro: USD/CAD extends decline on broad dollar weakness 
FxWirePro: USD/JPY holding bid into weekend 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies Pivot(Major) 
FxWirePro- Major European Indices 
FxWirePro: GBP/USD bulls remain cautiously optimistic 
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path 
FxWirePro: EUR/AUD under pressure as key support gives way 
FxWirePro: USD/ZAR recovers slightly but trend is still bearish 
FxWirePro: EUR/AUD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
Energy Surge Ignites US Inflation: USDCHF Eyes Support Amid Dollar Sell-Off 
- Gold declined almost $20 from the high of $1228 made yesterday on account of better than expected U.S Nonfarm payroll data. The yellow metal dipped till $1207 and is currently trading around $1211.37.
- The U.S economy has added 222000 jobs in Jun compared to forecast of 179000. The unemployment rate is around 4.4% compared to forecast of 4.3%. Stronger than expected U,.S jobs data indicate that Fed would maintain its stance on monetary tightening.
- Gold’s near term support is around $1207 (50% retracement of $1122.75 and $1296.30) and break below will drag the commodity down till $1200/$1195. The yellow metal should break below $1180 for major trend reversal.
- On the higher side, in the daily chart minor resistance is around $1218 (100 W MA) and any break above will take the commodity till $1233 (200 W MA)/$1241 (38.2% retracement of $1296.20 and $1122.30)/$1250.
It is good to sell on rallies around $1220-$1222 with SL around $1233 for the TP of $1200/$1196.
