mentorrobert

mentorrobert

Overall, NZD/USD is trending upwards. Recently, NZD/USD broke the support zone of 0.68400. Currently, NZD/USD is trading towards the resistance zone of 0.68400 and the next support zone is at 0.67100. Look for short-term buying opportunities of NZD/USD only if it breaks the resistance zone of 0.68400.

mentorrobert

Overall, EUR/USD is trending downwards. Recently, EUR/USD broke the support zone of 1.10000. EUR/USD’s next support zone is at 1.10700 and the next resistance zone is at 1.10000. Look for short-term selling opportunities of EUR/USD only when it trades below the key level of 1.09.

mentorrobert

Overall, EUR/USD is ranging across. Currently, EUR/USD is testing the resistance zone of 1.12000 and the next support zone is at 1.11000. Look for short-term buying opportunities of EUR/USD if it rejects the resistance zone of 1.12000.

mentorrobert

Overall, GBP/USD is ranging across. Recently, GBP/USD broke the resistance zone of 1.33800. GBP/USD’s next support zone is at 1.33800 and the next resistance zone is at 1.36000. Look for short-term buying opportunities of GBP/USD.

mentorrobert

Overall, GBP/USD is ranging across. Recently, GBP/USD rejected the resistance zone of 1.36000. Bank of England Governor Bailey and the central bank’s committee members will be testifying on the monetary policy report later at 1730 (GMT+8). During this time, there may be volatility in GBP. Currently, GBP/USD is testing the resistance zone of 1.36000 and the next...

mentorrobert

Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 156.000. Bank of England Governor Bailey and the central bank’s committee members will be testifying on the monetary policy report later at 1730 (GMT+8). During this time, there may be volatility in GBP. GBP/JPY’s next support zone is at 156.000 and the next resistance zone is...

mentorrobert

Overall, NZD/USD is ranging across. The Reserve Bank of New Zealand (RBNZ) will be announcing their monetary policy tomorrow at 0900 (GMT+8). It is expected that the central bank will be increasing interest rate by 0.25%. If the RBNZ carries out a rate hike of 0.50%, NZD will likely be bullish. Also, focus on the interest rate projection released in the quarterly...

mentorrobert

Overall, EUR/USD is ranging across. Recently, EUR/USD rejected the resistance zone of 1.13800. The series of eurozone flash PMI data released yesterday indicated that business activities continued to expand. French Flash Manufacturing PMI (Actual: 57.9, Forecast: TBA, Previous: 55.5) French Flash Service PMI (Actual: 57.6, Forecast: TBA, Previous: 53.1) ...

mentorrobert

Overall, EUR/JPY is ranging across. Recently, EUR/JPY traded into the support zone of 130.000. The French flash PMI data will be released later at 1615 (SGT). French Flash Manufacturing PMI (Forecast: TBA, Previous: 55.5) French Flash Service PMI (Forecast: TBA, Previous: 53.1) The German Flash PMI data will be released later at 1630 (SGT). German Flash...

mentorrobert

Overall, GBP/USD is ranging across. The UK flash PMI data will be released later at 1730 (GMT+8). Flash Manufacturing PMI (Forecast: TBA, Previous: 57.3 revised from 56.9) Flash Services PMI (Forecast: TBA, Previous: 54.1 revised from 53.3) Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800. Look for short-term...

mentorrobert

Overall, GBP/JPY is ranging across. Recently, GBP/JPY traded into the support zone of 156.000. The UK flash PMI data will be released later at 1730 (GMT+8). Flash Manufacturing PMI (Forecast: TBA, Previous: 57.3 revised from 56.9) Flash Services PMI (Forecast: TBA, Previous: 54.1 revised from 53.3) Currently, GBP/JPY is testing the support zone of 156.000 and the...

mentorrobert

Overall, EUR/USD is ranging across. Currently, EUR/USD is testing the resistance zone of 1.13800 and the next support zone is at 1.12000. Look for short-term selling opportunities of EUR/USD if it rejects the resistance zone of 1.13800.

mentorrobert

Overall, EUR/JPY is ranging across. Recently, EUR/JPY rejected the resistance zone of 131.500. EUR/JPY’s next support zone is at 130.000 and the next resistance zone is at 131.500. Look for short-term selling opportunities of EUR/JPY.

mentorrobert

Overall, GBP/USD is ranging across. Currently, GBP/USD is testing the resistance zone of 1.36000 and the next support zone is at 1.33800. Look for short-term selling opportunities of GBP/USD if it rejects the resistance zone of 1.36000.

mentorrobert

Overall, GBP/JPY is ranging across. Currently, GBP/JPY is trading towards the support zone of 156.000 and the next resistance zone is at 158.000. Look for short-term selling opportunities of GBP/JPY if it breaks the support zone of 156.000.

mentorrobert

Overall, GBP/USD is ranging across. Recently, GBP/USD bounced up from the key level of 1.35. The UK employment data released yesterday indicated continued decline in the number of people claiming for unemployment benefits in February. Meanwhile, average earnings rose while unemployment rate remained unchanged. Average Earnings Index 3m/y (Actual: 4.3%, Forecast:...

mentorrobert

Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 156.000. The UK employment data released yesterday indicated continued decline in the number of people claiming for unemployment benefits in February. Meanwhile, average earnings rose while unemployment rate remained unchanged. Average Earnings Index 3m/y (Actual: 4.3%,...

mentorrobert

Overall, USD/JPY is trending upwards. Recently, USD/JPY rejected the resistance zone of 116.000 after the escalation of the Russia-Ukraine geopolitical tension, leading to the strengthening of JPY. The Japanese Preliminary GDP q/q data will be released tomorrow at 0750 (GMT+8). USD/JPY’s next support zone is at 114.200 and the next resistance zone of...