FxWirePro: USD/ZAR gains some ground, but downtrend remains 
FxWirePro: NZD/USD retreats as Middle East instability weighs 
EURGBP Bears Break Trendline: Sell Rallies at 0.8578 as Support Breach Eyes 0.8450 Slide 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CNY slips as strong China exports data Lift yuan 
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data 
FxWirePro: GBP/AUD under pressure after disappointing U.S. employment data 
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro : EUR/NZD slips lower after soft US jobs report 
FxWirePro: GBP/AUD eases slightly, focus on near-term support 
- Gold drifted lower in Asian session on account of Fed meeting to be held today and tomorrow. The yellow metal hits low of $1262 and it is currently trading around $1266.
- Fed is expected to raise its federal funds target to between 1% and 1.25% from 0.75% and 1% after the conclusion of two day meeting on Wednesday. Investors will pay close attention to the press conference for the clues of reduction in $4.5 trillion balance sheet.
- In the 4 hours chart , gold’s near term support is around $1266 (21 EMA) and break below will drag the commodity down till $1249 (89 day EMA)/$1241 (200- MA).
- On the higher side, minor resistance is around $1274 (- 4H EMA) will take the commodity to next level till $1296/$1310.
It is good to sell on rallies around $1270 with SL around $1277 for the TP of $1256.
