FxWirePro- Major European Indices 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus 
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede 
Euro Ascendant: EUR/USD Breaks $1.17 as Geopolitical Relief Sparks a Bullish Surge 
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum 
FxWirePro: USD/CNY falls to three-year high, scope for further downside 
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets 
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration 
FxWirePro: USD/ZAR continues to recovers , upside pressure builds 
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw 
FxWirePro: GBP/USD stuck in range but maintains bearish bias 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel 
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part 
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock 
Gold pared some of its gains after mixed US CPI data. It hit a low of $2500 yesterday and is currently trading around $2518.
US CPI came in line with expectations with no major surprise. This has decreased the chance of a 50 bpbs rate cut by the Fed next week.
According to the CME Fed watch tool, the probability of a 50 bpbs rate cut in Sep decreased to 14% from 40% a week ago.
US dollar index- Neutral Minor support around 101.20/100.50. The near-term resistance is 102/102.80.
Factors to watch for gold price action-
Global stock market- Bearish (Positive for gold)
US dollar index - Bullish (negative for gold)
US10-year bond yield- Bearish (positive for gold)
Technical:
The near–term support is around $2470, a break below the target of $2449/$2430. The yellow metal faces minor resistance around $2530 and a breach above will take it to the next level of $2550/$2566.
Indicator (4-hour chart)
CCI (14)- Bullish
CCI (50)- Bullish
Average directional movement Index - Neutral
It is good to buy on dips around $2500 with SL around $2470 for TP of $2565.
