Overall, AUD/USD is trending downwards. Recently, AUD/USD broke the resistance zone of 0.71000. AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for short-term buying opportunities of AUD/USD.
Overall, NZD/USD is trending downwards. Currently, NZD/USD is testing the resistance zone of 0.67900 and its support zone is at 0.65400. Look for short-term buying opportunities of NZD/USD if it breaks the resistance zone of 0.67900.
Yesterday, USD weakened against most major currencies except GBP, CAD and JPY. The JOLTS Job Openings data (Actual: 11.03M, Forecast: 10.48M, Previous: 10.44M) released yesterday indicated an higher-than-expected increase in the number of jobs opening in October than in September. The Unemployment Claims data (Forecast: 218K, Previous: 222K) will be released...
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY rejected the resistance zone of 128.500. The eurozone ZEW Economic Sentiment data (Actual: 26.8, Forecast: 22.4, Previous: 25.9) released yesterday indicated an increase in the level of optimism from the surveyed investors and analysts on the 6-month economic outlook for the eurozone. European Central...
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the resistance zone of 151.900. GBP/JPY’s next support zone is at 148.900 and the next resistance zone is at 151.000. Look for short-term selling opportunities of GBP/JPY.
Overall, USD/CAD is trending upwards. Recently, USD/CAD broke below the key level of 1.27. The Canadian Ivey PMI data (Actual: 61.2, Forecast: 60.2, Previous: 59.3) released yesterday indicated a faster pace of expansion in business activities in November. The Bank of Canada (BoC) will be announcing their monetary policy decision later at 2300 (GMT+8). It is...
Overall, GBP/USD is trending downwards. Recently, GBP/USD traded into the support zone of 1.32200. Currently, GBP/USD is bouncing off the support zone of 1.32200 and its next resistance zone is at 1.33800. Look for short-term selling opportunities of GBP/USD only after it breaks the support zone of 1.32200.
Overall, EUR/USD is trending downwards. The eurozone ZEW Economic Sentiment data (Actual: 26.8, Forecast: 22.4, Previous: 25.9) released yesterday indicated an increase in the level of optimism from the surveyed investors and analysts on the 6-month economic outlook for the eurozone. European Central Bank President Lagarde will be speaking later at 1615...
Overall, USD/JPY is ranging across. USD/JPY’s next support zone is at 112.800 and the next resistance zone is at 115.300. Look for short-term buying opportunities of USD/JPY.
Overall, AUD/USD is trending downwards. Recently, AUD/USD traded into the resistance zone of 0.71000. During the monetary policy announcement yesterday, the Reserve Bank of Australia (RBA) held its monetary policy unchanged. On the matter of the COVID Omicron variant, the central bank highlighted that this is a new source of uncertainty but does not expect it to...
Overall, NZD/USD is trending downwards. Recently, NZD/USD traded into the resistance zone of 0.67900. Currently, NZD/USD is testing the resistance zone of 0.67900 and its support zone is at 0.65400. Look for short-term selling opportunities of NZD/USD if it rejects the resistance zone of 0.67900.
Yesterday, USD weakened against most major currencies except GBP, EUR and JPY. The JOLTS Job Openings data (Forecast: 10.48M, Previous: 10.44M) will be released later at 2300 (GMT+8).
Overall, EUR/JPY is trending downwards. The eurozone ZEW Economic Sentiment data (Forecast: 22.4, Previous: 25.9) will be released later at 1800 (GMT+8). Currently, EUR/JPY is testing to break above the key level of 128. Its next support zone is at 127.200 and its next resistance zone is at 128.500. Look for short-term selling opportunities of EUR/JPY if it...
Overall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the support zone of 148.900 and broke above the key level of 150. The UK Construction PMI data (Actual: 55.5, Forecast: 54.9, Previous: 54.6) released yesterday indicated a faster pace of expansion in the construction sector in November. GBP/JPY’s next support zone is at 148.900 and the next...
Overall, USD/CAD is trending upwards. Recently, USD/CAD broke below the key level of 1.28. The Canadian Ivey PMI data (Forecast: 60.2, Previous: 59.3) will be released later at 2300 (GMT+8). USD/CAD’s next support zone is at 1.26100 and the next resistance zone is at 1.29000. Look for short-term buying opportunities of USD/CAD only if it trades above the key...
Overall, GBP/USD is trending downwards. Recently, GBP/USD bounced off the support zone of 1.32200. The UK Construction PMI data (Actual: 55.5, Forecast: 54.9, Previous: 54.6) released yesterday indicated a faster pace of expansion in the construction sector in November. GBP/USD’s next support zone is at 1.32200 and its next resistance zone is at 1.33800. Look...
Overall, EUR/USD is trending downwards. Recently, EUR/USD broke below the key level of 1.13. The eurozone ZEW Economic Sentiment data (Forecast: 22.4, Previous: 25.9) will be released later at 1800 (GMT+8). EUR/USD’s next support zone is at 1.12000 and the next resistance zone is at 1.13900. Look for short-term selling opportunities of EUR/USD.
Overall, USD/JPY is ranging across. Recently, USD/JPY bounced off the support zone of 112.800. USD/JPY’s next support zone is at 112.800 and the next resistance zone is at 115.300. Look for short-term buying opportunities of USD/JPY.