FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities 
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 
Gold Retreats as Geopolitical Fears Ease: Bears Target $4,000 Support 
EUR/JPY Under Pressure: Broad Yen Buying Keeps Bears in Control Below 183.00 
All Major JPY Pairs Hit Extreme Bearish Score of -100: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY & CADJPY Flash Maximum Weakness 
FxWirePro: GBP/USD slips as dollar rebounds from six-week low 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY dips as market assess risk of additional FX intervention. 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: AUD/USD cedes early gains ,outlook bearish 
FxWirePro: USD/CNY downtrend loses steam, remains on bearish path 
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level 
NZDJPY Bears Stay in Command: Sell Rallies at 92.72-75 Targeting 90 as All EMAs Flash Red 
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 
The major three factors that drive gold prices
US dollar Index: Slightly bullish. DXY has recovered slightly after hitting low of 94.95.The index has formed a triple bottom around 94.95 and any break below targets 94.60/94.20. The near term intraday trend reversal level is around 95.40 and any break above targets 96/96.32/97. It should break above 97 for further bullishness. The minor support is around 95.50( positive for gold).
USD/JPY: weak . The pair has declined more than 200 pips from high of 114.54. The near term support is around 111.78 (10- W MA) and any close below targets 111.30/110.38.Minor trend reversal happens if breaks convincingly below 112. Any daily close below 112 confirms minor bearishness and a dip till 111/110.38 likely. Slightly positive for gold.
US 10 year yield : US 10 year yield is trading slightly lower after hitting multiyear high @3.25%.It is currently trading around 3.17%. Negative for Gold.
US 2 year yield: It shown a minor recovery around 2% till 2.879% .The spread between US 10 year and 2 year has increased from 22bpbs to 30bpbs.
Gold technical
Major support $1183
Major resistance - $1217
The yellow metal has declined slightly after a $25 jump. The escalating geopolitical tensions between US and Riyadh after disappearance of Washington post columnist Jamal Khashoggi.
On the higher side, any break above $1230 will take the commodity till $1234/$1240.It should close above $1265 for bullish continuation.
The near term support is around $1211 (23.6% fib) and any violation below will drag the commodity down till $1204/$1198.
It is good to buy on dips around $1210 with SL around $1204 for the TP of $1230.
