UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro- Major European Indices 
FxWirePro: USD/ZAR attracts selling interest, could be on verge of a bigger drop 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
ETHUSD Dips Below $3000 on BOJ Rate Hike Fears: Buy the Dip at $2700, Targeting $4000? 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path 
EUR/JPY Retreats: Yen Strength Caps Rally, Bearish Bias Intact Below 183.15 
- XAU/USD is currently trading around $1242 marks.
- It made intraday high at $1246 and low at $1241 marks.
- Intraday bias remains neutral till the time pair holds key support at $1242 marks.
- A sustained break below $1242 will take the parity back below $1225 marks.
- Alternatively, a daily close above $1248 will drag the parity higher towards key resistances around $1252, $1268 and $1272 marks respectively.
- Key support levels are seen at $1238, $1222, $1218 and $1211 marks respectively.
- Important to note here that, 20D, 30D and 55D EMA heads down in a daily chart and a daily close below $1238 will confirm the bearish trend too.
We prefer to take short position in XAU/USD only below $1238, stop loss $1248 and target $1225 marks.
