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Technical Overview of AUD/USD and USD/JPY Currency Pair
AUD/USD
· AUD traded Higher against USD and closed at 0.6686
AUD/USD sustains the bounce above 0.6700 amid mixed Australian NAB Business Survey and Home Loan data. The spot draws support from a risk-on rally in the Asian stocks, as...
Technical Overview of AUD/USD And EUR / USD Currency Pair
AUD/USD
· AUD traded High against USD and closed at 0.6700
· AUD/USD takes the bids to 0.6711 after the RBA leaves its benchmark interest rates unchanged during early Tuesday. The pair previously dropped amid fears of coronavirus...
Technical Overview of EUR/USD and USD/JPY and Currency Pair
EUR USD
EUR traded higher against USD and closed at 1.1094
· Touch softer - closed up 0.05% after recording a fresh 1.1076 Jan low
· UK to set out goals for EU trade talks - PM Johnson's spokesman
· Charts show momentum studies...
Technical Overview of GBP/USD and EUR/USD Currency Pair
GBP USD
GBP traded higher against USD and closed at 1.3017.
GBP/USD looks to extend the bounce towards 1.3050 ahead of the UK CPI the report, as broad-based US dollar weakness and bullish technical set up underpin the sentiment around...
Technical Overview of EUR/USD and GBP / USD Currency Pair
EUR /USD
EUR traded lower against USD and closed at 1.1193
The market is well placed to retest resistance at 1.1197- 1.1240 – namely the 55-week ma, the 2019-2020 down channel and the recent high. This guards the 200-week ma at 1.1360...
Technical Overview of EUR/USD and GBP / USD Currency Pair
EUR /USD
EUR traded Higher against USD and closed at 1.1175.
EUR/USD is attempting a convincing break above 1.12 amid broad-based US dollar weakness.
The currency pair is currently trading at 1.1196, representing a 0.20% gain on the...
Technical Overview of EUR/USD and USD/CAD Currency Pair
EUR USD
EUR traded higher against USD and closed at 1.1096.
• EUR/USD is gaining ground on broad-based dollar selling.
• The pair is closing on a crucial trendline hurdle at 1.1140.
• With gold rising amid trade optimism, a...
Technical Overview of EUR/USD and GBP/USD Currency Pair
EUR USD
EUR traded higher against USD and closed at 1.1128.
· EUR/USD stalls its strong intraday rally near 1.1200 round-figure mark.
· Acceptance above 200-DMA support prospects for additional gains.
The EUR/USD pair maintained its...
Technical Overview of GBP/USD and USD/JPY Currency Pair
GBP USD
GBP traded higher against USD and closed at 1.3155.
· Flat in a 1.3153/1.3161 range, but decent interest once Asia fully opened
· EUR/GBP saw modest volumes with a very tight 0.8438/0.8341 range
· Conservative election...
Technical Overview of AUD/USD and NZD/USD Currency Pair
AUD USD
AUD traded higher against USD and closed at 0.6777.
FED Chair Speech affects USD depending on the speech rhetoric. If the speech is seen as an intention to raise the rates at the next FOMC meeting, this has a positive impact on...
Technical Overview of AUD/USD and GBP/USD Currency Pair
AUD USD
AUD traded higher against USD and closed at 0.6784
· Flat in a quiet tight 0.6785/0.6795 range as options contain
· 0.6785-95 1.1BLN and 0.6900 500M strikes dominated in Asia
· Risk bounce in Asia after a soft week, Nikkei...
Technical Overview of EUR/USDand USD/JPY Currency Pair
EUR USD
EUR traded higher against USD and closed at 1.1021
· Early bounce on US data gives some relief to longs
· Pair heavy on safe haven flows but holds above 61.8 Fib of 1.0879-1.1180
· Daily RSI diverges & bull hammer forms...
Technical Overview of USD/CAD and EUR/USD Currency Pair
USD CAD
USD traded lower against CAD and closed at 1.3048.
USD/CAD is trimming gains on reports calling a victory for Canada's PM Trudeau. The pair may come under pressure if Trudeau forms a minority government with NDP's support...
Technical Overview of EUR/USD, AUD/USD and USD/JPY Currency Pair
EUR USD
EUR traded lower against USD and closed at 1.1169.
EUR/USD's may have a hard time extending preceding three week's rally, courtesy of warning Brexit optimism. The common currency may face selling pressure if the European...
Technical Overview of AUD/USD and GBP/USD Currency Pair
AUD USD
AUD traded lower against USD and closed at 0.6752.
· AUD/USD -0.25% as China reacts to US House taking hard line over Hong Kong
· China says US House should stop interfering in HKG
· Undermined by weak AXJ currencies as PBOC...
Technical Overview of GBP/USD and EUR/USD Currency Pair
GBP USD
GBP traded lower against USD and closed at 1.2217.
GBP/USD remains within its 1.1950-1.2600 September range, but the downside looks vulnerable unless there is a surprise Brexit breakthrough, or a rout in the USD.
Since becoming...
Technical Overview of EUR/USD and AUD/USD Currency Pair
EUR USD
EUR traded lower against USD and closed at 1.0964.
EUR/USD again aims for 1.0987 resistance - confluence while taking the bids to 1.0980 amid the initial trading session on Friday. 23.6% Fibonacci retracement, immediate...
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Technical Overview of AUD/USD and USD/CAD Currency Pair
AUD USD
AUD traded lower against USD and closed at 0.6749.
The bid tone around the US dollar strengthened across the board, now pushing AUD/USD back into the red to hit four-week lows near 0.6740. The focus now shifts to the RBA rate...
Technical Overview of USD/JPY and USD/CNY Currency Pair
USD JPY
USD traded lower against JPY and closed at 107.92
USD/JPY is currently trading largely unchanged on the day at 107.93, having faced rejection at 108.00 in Asia. The psychological resistance proved a tough nut to crack despite the...
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