FxWirePro: USD/CNY edges lower, scope for further downside 
FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data 
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop 
FxWirePro: EUR/ AUD neutral in the near term, scope further downside 
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560 
FxWirePro: NZD/USD retreats as Middle East instability weighs 
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop 
FxWirePro: USD/JPY edges higher as traders eye U.S. Jobs data and Geopolitical developments 
Gold Hits 6-Week High: Buy Dips at $4220 as Bullish Momentum Eyes $4400 Breakout 
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108 
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report 
Bitcoin Reclaims $65,000 as Easing Geopolitical Tensions Fuel Risk-On Rally 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD eases as investors await U.S. employment figures 
FxWirePro: GBP/USD rises as weak U.S. jobs data pressures dollar 
- Gold prices declined almost 1% yesterday due to Fed monetary policy meeting. The yellow metal declined almost $16 from the previous day close of $1320. It is currently trading around $1307.40.
- Fed is expected to keep its interest rates unchanged but investors will look for signals for normalization of balance sheet. Market also awaits President Trump speech tomorrow morning at U.N general assembly and his opinion about North Korea.
- US Dollar index is consolidating in narrow range between 91.58 and 92.66 for the past three trading days. The pair should close above 20 –day MA at 92.36 for further bullishness. Any close above will take the index till 93.11/94.15. The major near term support is around 91 and any break below will drag the index down till 90.
- U.S 10 year yield hits one – month high at 2.22% on increasing expectations of unwinding of its massive $4.5 trillion portfolio.
- According to CFTC latest Commitment of traders report shows that money managers has increased the speculative long positions for 9th consecutive week.
- Technically gold is facing minor resistance around $1327.75 (61.8% retracement of $1334 and $1314.59) and any break above will take the yellow metal till $1333 (10- day MA)/$1343/$1350/$1358.
- Gold’s near term support is around $1304 (34 day EMA) and break below will drag the commodity down till $1300.The yellow metal should break below $1250 for minor trend reversal.
It is good to sell on rallies around $1312-$1315 with SL around $1320 for the TP of $1305/$1300.
