EUR/USD Holds Bullish Tone Despite Pullback from Yesterday’s High 
Major JPY Action Bias — Extremely Bullish Setups in NZD/JPY, AUD/JPY and CAD/JPY 
Major Pair Action Bias: Extremely Bullish Surge Powers GBPUSD & NZDUSD as Bullish Momentum Ignites 
FxWirePro: GBP/USD hits one-month high, scope for further upside 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro: NZD/USD trades in narrow range ,outlook bullish 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD downtrend slows, but bearish sentiment remains 
FxWirePro: EUR/AUD bears maintain upper hand 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD loses momentum but outlook is bullish 
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias 
Ichimoku Analysis (hourly chart)
Tenken-Sen- $1551.70
Kijun-Sen- $1535.20
Gold continues to trade weak and after sudden jump till $1567 on easing of geopolitical tensions and trade deal optimism. The US has removed China from the currency manipulator list before two countries are expected to sign a phase one trade deal tomorrow. It hits low of $1552.09 and is currently trading around $1553.376.
Markets eye US CPI data for further direction. US 10 year bond yield recovered more than 2.5% after a minor decline of 1.815%. The spread between US 10 year and 2 years has narrowed to 26.6 bps from 35.7 bps.
The near term resistance is around $1575, any break over targets $1588/$1600. On the flip side, the yellow metal holds well below 200- H EMA and a dip till $1518/$1500 likely.
It is good to sell on rallies around $1543-44 with SL $1551 for the TP of $1518/$1500.
