AUDJPY Bounces 150 Pips on Short Covering — Sell Rallies at 111.40 Targeting 108 as Higher EMAs Stay Bearish 
FxWirePro: GBP/USD supported by UK services recovery and dollar weakness 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/AUD under pressure as the pair continues to weaken 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR extends decline, scope for further downside 
FxWirePro- Major Pair levels and bias summary 
FxWirePro- Woodies pivot (Major) 
Bitcoin Bulls Hold Key EMAs Above $64,000—Is a Rally Toward $70,000 Next? 
EUR/USD Retraces After 1.1555 Peak: Technical Levels Point to 1.1600 
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support 
FxWirePro : EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro: AUD/USD grinds higher amid risk appetite revival 
NZDJPY Bears Reload: Sell Rallies to 90 as All EMAs Turn Hostile 
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus 
Currency Scores of Major Pairs: GBPUSD, AUDUSD & NZDUSD Top Charts at 85 — Bullish Pairs to Watch 
- Gold declined almost $10 from yesterday’s high of $1318. The yellow metal was trading flat after a hitting low of $1307.70 and market eyes US fed monetary policy for further direction. The main reason for decline is due to slight recovery in US dollar. DXY has recovered sharply and has broken major resistance at 90.36 and it is trading at 90.28.
- US fed is expected to hike interest rates by 25bpbs and investors eyes the road map for further hikes.
- The yellow metal has taken support near $1307 and shown a minor recovery till $1314.39. Any decline below $1307 will confirm minor decline and a dip till $1303 (100- day MA) likely. Any violation below $1303 will drag the gold till $1289 (200- day MA).
- The near term resistance is around $1321 (55- day MA) and any break above will take the yellow metal till $1324 (20- day MA). Short term bullish continuation only above $1330.
It is good to buy on dips $1307-08 with SL around $1300 for the TP of $1321/$1329.
