EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
FxWirePro- Woodies Pivot(Major) 
AUDJPY Bulls Stay in Control: Buy the Dips Above 103.80 Targeting 106 
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets 
FxWirePro: GBP/USD dips lower on negative UK retail sales data 
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro- Major Pair levels and bias summary 
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CNY downside pressure builds, key support level In focus 
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92 
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865 
FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
- Gold prices has jumped sharply almost $15 yesterday after a one week continuous selling. The yellow metal recovered almost 2% from the low of $1282 on account of renewed geo political tensions between US and China. The gold prices was supported by Trump’s statement that he was not pleased over recent talks with China. Trump also stated that summit with North Korean leader Kim Jong Un will not take place as planned on June 12th. The global equity markets are under pressure and US and German 10 –year government bond yields edged lower. USD/JPY has shown a jump of 77 pips from low of 108.95. It is currently trading around 109.56. US dollar index has recovered slightly from the yesterday low of 93.61. The yellow metal hits high of $1306 and is currently trading around $1301.99.
- The yellow metals near term resistance at $1307 (200- day MA) and any convincing break above will take the yellow metal till $1316 (55- day EMA)/ $13.
- On the lower side, near term support is around $1280 and any daily close below will drag the yellow metal down till $1269/$1263.
It is good to sell on rallies around $1302-03 with SL around $1308 for the TP of $1294/$1287..
