The Great Liquidation: A BTC and ETH Futures & Options Data Dashboard Review of Oct 7 
AUDJPY: Bearish Below 110 — Sell Rallies for a Potential Move to 108 
FxWirePro: NZD/USD rebounds modestly but outlook is still bearish 
FxWirePro: AUD/USD grinds higher, but topside extension unlikely 
AUD/JPY Stays Above 110 as Weak Yen Fuels a Potential Move Toward 112 
Major Pair Currency Score & Key Levels to Watch: GBPUSD Extremely Bearish; EURUSD, NZDUSD and AUDUSD Bearish; USDCAD and USDCHF Bullish 
FxWirePro: EUR/AUD gains some ground but outlook is bearish 
JPY Major Currency Score: USD/JPY Bullish, Other Pairs Neutral 
FxWirePro: GBP/USD retreats as Bailey warns of prolonged inflation risks 
FxWirePro: EUR/NZD recovers from early dip, upside pressure builds 
JPY Major Currency Score: Mixed Trend — USDJPY Bullish; NZDJPY, AUDJPY, GBPJPY and EURJPY Bearish 
FxWirePro: GBP/AUD edges lower ,scope for further downside 
FxWirePro: USD/ZAR holds above 16.600, maintains bullish bias 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro: AUD/USD edges lower as risk sentiment deteriorates 
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Gold prices were immediately affected by the Fed Chair Yellen speech. Pair broke the major resistance level at $1200 and made intraday high at $1214 marks.
- Intraday bias in Gold remains bullish for the moment.
- On the top side, key resistance levels are seen at $1218, $1225 and $1232 levels.
- Alternatively, a daily close below $1182 marks will turn bias bearish again.
- Fed chair Yellen will also have her second day of testimony to Congress later today.
- Moreover, falling Oil prices and worsening global oil supply glut are also responsible for the positive gold prices.
- Futures for WTI dropped 1.42% to trade at $27.06 per barrel, while Brent futures slipped 0.39% to $30.72 per barrel.
- Initial support levels are seen at $1200, $1192 and $1182.
- On the top side resistance levels are seen at $1214, $1218, $1225, $1132 and $1238.
We maintain our bullish trend for Gold. We prefer to take long position in XAU/USD around $1205, Stop loss $1182 and target $1238.
