Market analysis from FXOpen
AUD/USD is moving higher and might accelerate higher above 0.6780. NZD/USD is also rising and might aim more upsides above 0.6300. Important Takeaways for AUD/USD and NZD/USD · The Aussie Dollar started a fresh increase above the 0.6550 and 0.6640 levels against the US Dollar. · There is a key bullish trend line forming with support near 0.6715 on the hourly...
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GBP/USD started a downside correction from the 1.2150 resistance. GBP/JPY is diving and there are chances of a move towards the 166.00 support. Important Takeaways for GBP/USD and GBP/JPY · The British Pound struggled to clear the 1.2150 resistance zone against the US Dollar. · There is a key bullish trend line forming with support near 1.2040 on the hourly...
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