After closing the previous day flat near mid-0.98s, the USD/CHF pair struggles to make a decisive move in either direction as investors stay on the sidelines ahead of the day's key macroeconomic events. As of writing, the pair was up 5 pips on the day at 0.9850. Following yesterday's technical correction, the US Dollar Index preserved its bullish momentum and...
Yesterday, EUR/USD fell below support at 1.1237. As a result, the pair broke out of a range that had contained it for nearly a week. The decline that followed led to a test of the psychological 1.1200 handle. Just below it, there is a very interesting level.
NZD/USD managed to pierce its European (Monday) high and consolidate the upward momentum it has been showing since July 10.
The pair, which started the week with rising, is rising to 0.9190 level. If the chart breaks this resistance high way, the target will be 0.9220.
The GBP/USD pair extended its steady intraday decline and dropped to fresh session lows, around the 1.2525 region during the early North-American session. The pair failed to capitalize on last week's goodish bounce from six-month lows and started retreating from a resistance marked by the 1.2575-80 supply zone, with a modest pickup in the US Dollar demand...
The parity, which started with the decline of the week, also saw a significant level. The current price target is "0.9845"
The USD/CAD pair dropped to fresh weekly lows in the last hour and has now moved within the striking distance of eight-month through set last week.
The NZD / JPY pair, which started to move sideways this week, has seen significant support and is moving towards the target. 72,400.
Gold futures for August delivery on the Comex division of the New York Mercantile Exchange, fell $2.45, or 0.2%, to $1,398.15 a troy ounce by 7:33 AM ET (11:33 GMT)
The NZD/USD pair dropped to its lowest level in more than two weeks at 0.6568 during the early trading hours of the Asian session but retraced its fall to turn flat near 0.66 ahead of the American session.
The pair, which completed the week with a decline, is now at the resistance level. With the support of the price at 1.8795 level, it can rise to 1.8960 level again. If the price breaks this level, then the target will be 1.90.
The pair, which closed the week at the important support level, is trying to break the support level again today. If the price breaks down 0.6550, the target will be 0.6510.
This month, the peak of the pair today began to saturate the purchases. And the price is beginning to decline. With a possible break and the completed El Elliot hedef, the target will be 0.6860.
The pair, which started the day with a decline but is currently receiving support, is waiting for breaking time.
The AUD/JPY pair surges more than 10 pips to 75.84 after Australia’s Retail Sales data published early on Thursday. The seasonally adjusted Retail Sales for May month grew 0.1% versus 0.2% market forecast and -0.1% previous readout on a monthly basis.
The British pound fell significantly during the trading session on Wednesday, reaching towards the 1.2550 level. That’s an area that should continue to be of interest as we had recently bounced from just below. Obviously, the 1.25 level underneath will probably cause significant support due to the fact that it has not only rallied from that level previously, but...
The Dollar Canadian pair started its day off with strong support. (1.3065) If the price gets support again, the possible target will be "1.3147".
The pair that closed last week at the peak of the week is currently "82.66" and if the chart breaks down to 82.50, then the target will be "81.93".