FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro- Woodies Pivot(Major) 
FxWirePro: GBP/AUD moves lower on weak UK data 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
FxWirePro:EUR/AUD eases but bullish outlook persists 
- Gold is consolidating in narrow range between $1317.97 and $1301.70 for past three trading days. The yellow metal weakness was mainly due to easing geo political tensions especially North Korea and strong dollar. US dollar index has shown a minor recovery after hitting low of 92.35.US economic data released recently shows that US is much stronger than compared to Eurozone especially CPI data . Eurozone CPI data released yesterday came at 1.2% y/y compared to forecast of 1.3% y/y.US 10 year yield is showing minor profit booking after hitting high of 2.998% yesterday. It is currently trading around 2.946%.
- US economy is expected to add 193000 jobs in the month Apr compared to previous month of 103000 and average hourly earnings m/m to be at 0.2% compared to 0.3% in previous month. The yellow metals near term resistance at $1318 (trend line support turned into resistance)) and any break above will take the yellow metal till $1322.50 (100- day MA)/$1327 (55- day EMA).
- On the lower side, near term support is around $1302 (200- day MA) and any daily close below will drag the yellow metal down till $1294.
It is good to buy on dips around $1307-08 with SL around $1300 for the TP of $1320/$1325.
