FxWirePro: USD/CAD hits two-month low as oil prices rise 
FxWirePro: AUD/USD range bound ahead of RBA policy decision 
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision 
FxWirePro:' USD/CAD faces downside risk below 1.4000 
FxWirePro- Major Pair levels and bias summary 
FxWirePro : USD/JPY holds near 160 as yen remains under pressure 
FxWirePro: GBP/AUD edges higher but bulls lack punch 
FxWirePro: AUD/USD in holding pattern as market await fresh catalyst 
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data 
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish 
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data 
GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217 
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115 
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
FxWirePro: NZD/USD drifts lower as markets await US inflation data 
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data 
- XAU/USD is currently trading around $1263.
- It made intraday high at $1266 and low at $1256 levels.
- Intraday bias remains slightly bullish till the time pair holds key support at $1248 marks.
- Alternatively, current rebound from $1226 will take the parity higher towards key resistance at $1272/$1284/$1302 marks respectively.
- According to the weekly chart, if 20D EMA crosses over 30D and 55D EMA then and only then, pair likely to touch new resistance around $1307/$1329 and $1383 levels respectively.
- On the down side, key support levels are seen at $1248, $1226 and $1207 marks.
- Later today, US will release UoM consumer sentiment data. This will provide further direction to the parity.
We prefer to take long position in XAU/USD around $1260, stop loss $1252 and target $1283 marks.
