Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 
CAD/JPY Dips on Soft Canadian CPI: Buy the Dip to 115? 
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance 
FxWirePro: EUR/CAD gaining momentum for a move towards 1.6250 level 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: USD/JPY dips as yen strengthens ahead of BOJ policy meeting 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro- Woodies Pivot(Major) 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments 
FxWirePro: USD/CAD pauses decline,critical support lies ahead 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
- Major resistance- $1226 (10 day EMA)
- The yellow metal has jumped after making a low of $1205 yesterday. It is currently trading at $1215.
- Market awaits ECB policy decision today for further direction. ECB is expected to keep interest unchanged with no addition of further stimulus. But the Central bank will probably will increase the inflation forecast.
- Gold’s major resistance around $1226 (10 day EMA) and any slight bullishness only above that level.
- Any indicative break above $1226 will take the commodity till $1235/$1239 level. Short term bullishness only above $1240 (55 day EMA).
- On the lower side major support is around $1200 and any break below targets $1190/$1175/$1160.
It is good to sell below $1200 with SL around $1221 for the TP of $1160
