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FxWirePro- Major Pair levels and bias summary 
CAD/JPY Breaks Down: Loonie Weakness and BOC Patience Set Bears’ Sights on 110 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD weakens as escalating Middle East tensions weighs on sterling 
FxWirePro: GBP/AUD eases on Geopolitical whipsaw 
GBPJPY Coil Tightens: Is a Bullish Break Above 215.60 Imminent? 
FxWirePro: AUD/ USD strongly bearish despite upside attempts 
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one 
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path 
Dollar Roars Back: USDCHF Buy-the-Dip Setup Eyes 0.8150 as Inflation Shock Kills Rate-Cut Bets 
FxWirePro- Woodies pivot (Major) 
Gold has once again declined below $1500 after a minor recovery. The US-China trade optimism and jump in US bond yield is putting pressure on the yellow metal. US CPI came slightly weaker than expected at 0.0% compared to an estimate of 0.1%. The number of people filed for the jobless claim has declined to 310000 vs 315000. The yellow metal hits an intraday low of $1486 and is currently trading around $1505.
The US-10 year bond yield recovered sharply more than 10% from a temporary top of around 1.507%. The spread between US-10 year and 2-year has narrowed slightly to 12 bps from 16 bps.
On the flip side, the near term major support is around $1480 and any violation below will drag the yellow metal till $1460. Any bearish continuation only below $1460.
The near term resistance is around $1525 and any break above that level targets $1540/$1555.
It is good to sell on rallies around $1499-500 with SL around $1512 for the TP of $1461.
