FxWirePro- Major Crypto levels and bias summary 
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data 
FxWirePro: AUD/USD eases as investors await U.S. employment figures 
FxWirePro : USD/CAD falls as strong Canadian jobs data lifts loonie 
FxWirePro : EUR/NZD slips lower after soft US jobs report 
FxWirePro: USD/ZAR gains some ground, but downtrend remains 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data 
FxWirePro: NZD/USD retreats as Middle East instability weighs 
EUR/USD Rockets Past 1.1560 as Soft U.S. Jobs Data Fuel Fed Rate-Cut Surge 
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
DAX & CAC40 Score Perfect 100: Extremely Bullish With Major Levels to Watch as FTSE100 Hits 80 
- Gold recovered sharply after hitting an intraday low of $1243 yesterday on account of dovish Fed. The yellow metal jumped till $1265 at the time of writing and is currently trading around $1264.
- Fed kept its interest rate unchanged and decided to maintain its target range for the federal funds rate at 1 to 1.25%. It also mentioned in the statement that Fed is planning to implement balance sheet normalization programme very soon.
- Technically gold has broken major resistance around $1258 and is trading slightly above that level.
- Gold’s near term support is around $1243 (10- day MA) and break below will drag the commodity down till $1230 (200- day MA)/$1220. The yellow metal should break below $1195 for major trend reversal.
- On the higher side, in the daily chart minor resistance is around $1265 and any break above will take the commodity till $1280 (61.8% retracement of $1375 and $1122)/$1295.
It is good to buy on dips around $1260 with SL around $1252 for the TP of $1280.
