Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro- Major European Indices 
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
- Gold has bounced back from the low of $1218 made on Jul 3rd 2017 on account of renewed North Korea tension. The yellow metal shown a minor jump till $1228.95 at the time of writing and is currently trading around $1226.
- Safe haven buying came in the gold market after the latest missile test by North Korea. It has developed an intercontinental ballistic missile (ICBM) which can carry nuclear weapon. Market also awaits for FOMC minutes meeting for further direction.
- Gold’s near term support is around $1217 (May 9th 2017 low) and break below will drag the commodity down till $1214/$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 $1235 (200 day MA) and any break above will take the commodity till $1248 (89- day EMA)/$1258.
It is good to buy on dips around $1223-25 with SL around $1215 for the TP of $1235/$1248.
