Daily Market News by Xtreamforex.com

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  1. #361
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    Default EUR/USD: On the way to another critical support around 1.1800

    Daily Market News by Xtreamforex.com
    In general, EUR/USD is moving downwards. The EUR/USD holds a firm bearish tone. The bounce-back was covered somewhat underneath the 20-SMA in the 4-hour graph. A break under 1.1835 would debilitate the pair further, uncovering 1.1800. Low instability is normal in front of Friday’s Asian meeting and the NFP. All things considered, another leg higher of the US dollar could trigger sharp moves, and the pair could drop under 1.1800. On the potential gain, a recuperation above 1.1890 would fortify the standpoint for the euro. European Central Bank President Lagarde will be talking later in 2030 (GMT+8). During this time, there might be unpredictability in EUR. Presently, EUR/USD is trying the support zone of 1.18500 and the following resistance zone is at 1.20000. On the off chance that EUR/USD breaks the support zone of 1.18500, search for momentary selling openings up until the arrival of the U.S. occupations report in 2030 (GMT+8).

    GBP/USD COMBINES CLOSE 1.3750 IN FRONT OF US NFP RELEASE

    Generally speaking, GBP/USD is moving downwards. As of late, GBP/USD broke the support zone of 1.38000. A break of a present moment downtrend line at 1.3830 should change the current position to impartial, preferring a union or an unobtrusive recuperation of the pound. The 20-week moving normal is beginning to turn south, proposing that the current bearish predisposition could beat the medium term. At present, GBP/USD is moving towards the resistance zone of 1.38000 and the following support zone is at 1.36000. If GBP/USD bobs off the resistance zone of 1.38000, search for momentary selling chances until the arrival of the U.S. occupations reports in 2030 (GMT+8).

    USD/CAD PRICE ANALYSIS: BULLS PLAY WITH FIVE-MONTH-OLD OBSTACLE CLOSE TO 1.2450

    USD/CAD remains sidelined around 1.2435-45 during Friday’s Asian meeting. The loonie pair recuperated from the level line involving March’s base the earlier day. Generally speaking, USD/CAD is moving upwards. OPEC+ gatherings yesterday have been postponed. With the likelihood that news will be delivered any time from now, there might be instability in CAD. The Canadian Manufacturing PMI information. Presently, USD/CAD is moving towards the resistance zone of 1.24800 and the following support zone is at 1.22600. On the off chance that USD/CAD breaks the resistance zone of 1.24800, search for transient buying chances until the arrival of the U.S. occupations report in 2030 (GMT+8). The USD/CAD bears keep reins past 1.2285, the late June’s low close of 1.2250 may go about as an approval point for the further shortcoming towards 1.2150 and the yearly base encompassing the 1.2000.

    AUD/USD PRODS YEARLY BASE CLOSE TO 0.7460 ON AUSSIE CORONAVIRUS REFRESHES, PRE-NFP UNEASINESS

    AUD/USD stays compelled around 0.7465-60, down 0.07%, during the fifth day of decreases during early Friday. In doing as such, the Aussie pair remains compelled around the least since early December 2021 during the (COVID-19) troubles in Australia and the market’s mindful mindset in front of the US Nonfarm Payrolls (NFP). In general, AUD/USD is moving downwards. As of late, AUD/USD broke the support zone of 0.75000. The Australian Retail Sales m/m information. Likewise, the Australian Building Approvals m/m will be delivered simultaneously. AUD/USD’s next support zone is at 0.73300 and the following resistance zone is at 0.75000. Search for momentary selling chances of AUD/USD up until the arrival of the U.S. occupations report at 2030 (GMT+8).

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    Default Euro/dollar keeps experiencing drawback momentum on the four-hour chart

    Generally speaking, EUR/USD is moving downwards. EUR/USD bulls step in and focus on a retest of the M-arrangement’s neck area. Hourly H&S may likewise be in play for the bullish conviction. While the objective region was accomplished, there was consistently the danger of the value slowing down en route. As of now, EUR/USD is trying the support zone of 1.18500 Some support is at the day-by-day lower part of 1.1835, which is likewise the least since June. It is trailing by 1.1820, a resistance line from April. Further down, 1.1780 and 1.1740 anticipate the pair. Resistance is at 1.1880, trailed by 1.1910, and afterward by 1.1950 and 1.1950 – all covered EUR/USD in transit down in the previous week. also, the following resistance zone is at 1.20000. Search for momentary selling chances of EUR/USD in the event that it breaks the support zone of 1.18500.

    GBP/USD bulls ease off as cost combines the bullish amendment

    GBP/USD is level toward the beginning of the week, merging the increases made over the past number of meetings as the cost meets an intense space of resistance. As of late, GBP/USD broke the support zone of 1.38000. Presently, GBP/USD is moving towards the resistance zone of 1.38000 and the following support zone is at 1.36000. On the off chance that GBP/USD bobs off the resistance zone of 1.38000, search for momentary selling chances up until the arrival of the U.S. occupations report in 2030 (GMT+8). At the time of writing, the link is exchanging at 1.3822 and holding at the lows of the meeting up until now, sliding from 1.3836. Generally speaking, the pair is moving downwards.

    USD/CAD combines the heaviest losses in about fourteen days above 1.2300

    Generally, USD/CAD is moving upwards. As of late, USD/CAD broke beneath the critical resistance of 1.24. USD/CAD protects the 1.2300 limits as brokers lick their injuries after the heaviest misfortunes in about fourteen days, streaked on Friday. The Loonie pair prints a restorative pullback of around 1.2330 as oil costs, Canada’s key fare, decrease amid blended pieces of information from the Organization of the Petroleum Exporting Countries (OPEC) individuals. The Canadian Manufacturing PMI information (Actual: 56.5, Forecast: 57.4, Previous: 57.0) delivered last Friday showed proceeded with the extension of the assembling area yet at a more slow speed. OPEC+ gatherings had been delayed to now. During this time, there might be instability in CAD. USD/CAD’s next support zone is at 1.22600 and the following resistance zone is at 1.24800. Search for momentary buying chances of USD/CAD.

    AUD/USD remains gently offered, down 0.15% intraday around 0.7515 during early Monday

    AUD/USD keeps its recovery mode above 0.7500, having bobbed off the day-by-day lows, as the Australian Retail Sales beat gauges by 0.4% in May. The Aussie disregards helpless China’s Caixin Services PMI. Consideration currently turns towards the RBA choice and FOMC minutes. Generally, AUD/USD is moving downwards. The Australian Retail Sales m/m information (Forecast: TBA, Previous: 0.1%) will be delivered later at 0930 (GMT+8). Likewise, the Australian Building Approvals m/m (Forecast: TBA, Previous: – 8.6%) will be delivered simultaneously. At present, AUD/USD is trying the resistance zone of 0.75000 and the following support zone is at 0.73300. Search for momentary buying chances of AUD/USD if it breaks the resistance zone of 0.75000.

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    Default EUR/USD battled to discover bearing for as long as four meetings and anticipates

    In general, EUR/USD is moving downwards. The eurozone and German ZEW Economic Sentiment information will be delivered later at 1700 (GMT+8). EUR/USD proceeds with its sideways development on Tuesday morning in the Asian exchanging meeting. The pair exchanges a tight trading zone with no significant footing in front of the key monetary information. At the hour of composing, EUR/USD is exchanging at 1.1864, up 0.02% for the afternoon. Likewise simultaneously, the eurozone Retail Sales m/m information (Forecast: 4.3%, Previous: – 3.1%) will be delivered. At present, EUR/USD is trying the support zone of 1.18500 and the following resistance zone is at 1.20000. Search for momentary selling chances of EUR/USD if it breaks the support zone of 1.18500.

    GBP/USD gets bid around 1.3850 on Covid features

    GBP/USD is moving downwards. As of late, GBP/USD broke the resistance zone of 1.38000. GBP/USD ascends for the third consecutive day, as of late getting offers inside a 20-pips exchanging reach to 1.3860, amid the early Asian meeting on Tuesday. Some opposition anticipates at 1.3840, which is the place where the 50 SMA hits the cost. It is trailed by 1.3870, which was a swing high last week. Further above, 1.3940 anticipates GBP/USD. Some help anticipates at 1.3820, then everyday low. It is trailed by 1.3750, an impermanent pad from last week, lastly the multi-month box of 1.3730. The link legitimizes the most recent (COVID-19)- driven action limitation related news just as the market’s danger on mindset. The UK Construction PMI information will be delivered later at 1630 (GMT+8). In general, GBP/USD’s next support zone is at 1.38000 and the following resistance zone is at 1.40000. Search for momentary buying chances of GBP/USD.

    USD/CAD merges Friday’s losses around 1.2340 amid a slow Asian meeting on Tuesday

    Generally, USD/CAD is moving upwards. USD/CAD solidifies Friday’s misfortunes around 1.2340 amid a drowsy Asian meeting on Tuesday. In doing as such, the Loonie pair broadens the earlier day’s recuperation movers amid a somewhat idealistic market slant. It was accounted for yesterday that the postponed OPEC+ meeting has been dropped, suggesting that no arrangement on August’s oil creation quantity has concurred. Subsequently, this prompted the fortifying of oil costs which meant the reinforcing of CAD. USD/CAD’s next support zone is at 1.22600 and the following resistance zone is at 1.24800.
    Search for temporary selling chances of USD/CAD.

    AUD/USD: Bulls recover 0.7550 in front of RBA

    AUD/USD is at last trading above 0.7550, broadening the new gains in front of the key RBA choice. The US dollar keeps its remedial drawback flawless amid a careful market temperament, as financial backers anticipate the US Services PMI and FOMC minutes. Generally, AUD/USD is moving downwards. As of late, AUD/USD broke the resistance zone of 0.75000. The Australian Retail Sales m/m information (Actual: 0.4%, Forecast: 0.1%, Previous: 0.1%) delivered yesterday demonstrated a higher than the determined expansion in purchaser spending in May. AUD/USD’s next support zone is at 0.75000 and the following resistance zone is at 0.76500. Search for transient buying chances of AUD/USD if the RBA conveys a hawkish tone in its new QE plans. drawback flawless amid a careful market temperament, as financial backers, anticipate the US Services PMI and FOMC minutes. Generally, AUD/USD is moving downwards. As of late, AUD/USD broke the resistance zone of 0.75000. The Australian Retail Sales m/m information (Actual: 0.4%, Forecast: 0.1%, Previous: 0.1%) delivered yesterday demonstrated a higher than the determined expansion in purchaser spending in May. AUD/USD’s next support zone is at 0.75000 and the following resistance zone is at 0.76500. Search for transient buying chances of AUD/USD if the RBA conveys a hawkish tone in its new QE plans.

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    Default EUR/USD Price Analysis: Bearish momentum unmarked below 1.1800

    In general, EUR/USD is moving downwards. As of late, EUR/USD broke the support zone of 1.18500. EUR/USD stayed under predictable selling tension for June month. The pair broadened the earlier month’s decays and invigorated multi-month lows close to 1.1781 in the previous day. EUR/USD bears would test the 1.1720 flat level followed by the low of March 31 near the 1.1700 regions. On the other hand, on the off chance that the cost can support the 1.1800 key mental imprints, it could switch back to the earlier day’s high at 1.1836. The European Central Bank will be delivering the minutes for its new money-related arrangement meeting later at 1930 (GMT+8). EUR/USD’s next support zone is at 1.16300 and the following resistance zone is at 1.18500. Search for selling chances of EUR/USD.

    GBP/USD: WEDNESDAY’S DOJI BOTHERS BULLS AROUND 1.3800

    GBPUSD is profiting with potential gain energy on the four-hour outline, and the pair has been setting higher highs and higher lows. Notwithstanding, it exchanges underneath the 50, 100, and 200 straightforward moving midpoints. With everything taken into account, the image is blended. By and large, GBP/USD is moving downwards. Right now, GBP/USD is trying the support zone of 1.38000 and the following resistance zone is at 1.40000. GBP/USD remains sidelined close to 1.3800 amid Thursday’s Asian meeting, following an unstable day that denoted a candle recommending pattern inversion. The chances of the pair’s up-moves likewise advantage from the moves past 200-DMA, just as inside the falling wedge bullish outline design. Search for selling chances of GBP/USD if it breaks the support zone of 1.38000.

    USD/JPY STAYS AIMLESS CLOSE TO 110.60 AS US TREASURY YIELDS PLUNGE

    Generally speaking, USD/JPY is moving upwards. As of late, USD/JPY broke the support zone of 110.800. USD/JPY battles to discover any heading on Thursday in the Initial Asian meeting. The pair keeps on trusting in a tight exchanging range with no significant foothold. Yen gains on the idealistic monetary projection and COVID-19 resurgence worldwide. The USD/JPY pair recuperates some ground, right now exchanging the 110.70 value zone. Monetary business sectors balanced out in front of the arrival of the FOMC Meeting Minutes, Earlier today, it was accounted for that Japan is suggesting announcing an infection highly sensitive situation in Tokyo from 12 July to 22 August. USD/JPY’s next support zone is at 108.500 and the following resistance zone is at 110.800. Search for momentary selling chances of USD/JPY.

    AUD/USD BEARS ASSAULT YEARLY LOW CLOSE 0.7450 ON RBA’S LOWE

    In general, AUD/USD is moving downwards. Presently, AUD/USD is trying the support zone of 0.75000 and the following resistance zone is at 0.76500. AUD/USD stays on the back foot for the third successive day, down 0.38% intraday around 0.7455, as RBA Governor Philip Lowe applies extra disadvantage tension on the statement during early Thursday. In doing as such, the pair revives week by week low, while heading to yearly box, as the Coronavirus troubles likewise substantial the pair. AUD/USD bears cheer supported exchanging under a three-week-old resistance line and 200-DMA, separately around 0.7500 and 0.7580 while heading to the yearly base close to 0.7445, stamped last week. Be that as it may, any further shortcoming will be addressed by August 2020 top near 0.7415 and the 0.7400 edges. Search for transient buying chances of AUD/USD it skips off the support zone of 0.75000.

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    Default EUR/USD: Keeps skip off eight-month-old support around 1.1850

    EUR/USD: Keeps skip off eight-month-old support around 1.1850

    The EUR/USD pair keeps up with the harsh tone notwithstanding the intraday recuperation. The 4-hour diagram shows that the pair settled a couple of pips over a somewhat bearish 20 SMA, while the more drawn out ones keep up with their solid bearish slants well over the current level. Specialized markers recuperated from the week after week lows. As of late, EUR/USD moved into the resistance zone of 1.18500. European Central Bank President Lagarde will be talking later at 1800 (GMT+8). During this time, there might be volatility in EUR.
    The planned arrival of the past financial approach meeting minutes by the European Central Bank yesterday was delayed. Accordingly, it will be delivered later at 1930 (GMT+8).

    At present, EUR/USD is trying the resistance zone of 1.18500 and the following support zone is at 1.16300. Search for momentary buying chances of EUR/USD in the event that it breaks the resistance zone of 1.18500.

    GBP/USD battles around 1.3800 in the midst of Brexit, Covid fears, center around UK information dump

    Generally speaking, GBP/USD is moving downwards.G20 gatherings will be held today. During this time, there might be unpredictability on the lookout.
    Bank of England Governor Bailey will be talking later at 1800 (GMT+8). During this time, there might be instability in GBP. Backing anticipates at 1.3750, a swing low from prior in the week, trailing by 1.3730 and afterward by 1.3670, a level last found in April. Resistance is at 1.3785, a pad from mid-June, and afterward by 1.3840, a swing high from recently. Further above, 1.39 anticipates GBP/USD bulls.
    At present, GBP/USD is trying the support zone of 1.38000 and the following resistance zone is at 1.40000. Search for momentary selling chances of GBP/USD on the off chance that it breaks the support zone of 1.38000.

    USD/CAD pares the heaviest week after week gains in three, snaps four-day upswing.

    USD/CAD facilitates from 11-week top to 1.2530, down 0.05% intraday, during Friday’s Asian meeting. The loonie pair revived multi-day high the earlier day as the (COVID-19) concerns burdened the product connected monetary standards. Generally speaking, USD/CAD is moving upwards. Except if crossing a two-month-old resistance line, around 1.2545, on every day shutting premise, USD/CAD bulls may stay wary. Notwithstanding, bears may abstain from facing challenges of sections until the statement stays past the past resistance line from late January, close to 1.2430. As of late, USD/CAD broke the resistance zone of 1.26100. USD/CAD’s next support zone is at 1.24800 and the following resistance zone is at 1.26100. Search for momentary buying chances of USD/CAD.

    AUD/USD whipsaws close multi-day low on delicate prints of China CPI, PPI prior to reviving the yearly low.

    AUD/USD seesaws close to the September 2020 top amid oversold RSI conditions, which thusly could confine the pair’s further drawback towards 0.7345-40 flat help including levels set apart since late September. China’s features swelling figures offered another justification AUD/USD bears to focus on the 0.7400 during early Friday. Albeit the statement moved less on the information, it loses 0.23% while declining 0.7410 by the press time. In doing as such, the Aussie pair invigorates the yearly low. Moreover, AUD/USD is moving downwards. As of late, AUD/USD broke the support zone of 0.75000. Recently, it was accounted for that the Delta variation of the COVID infection arrived at a record every day high since mid-June. G20 gatherings will be held today. During this time, there might be instability on the lookout. AUD/USD’s next support zone is at 0.73300 and the following resistance zone is at 0.75000. Search for momentary selling chances of AUD/USD.

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    Default EUR/USD: somewhat more downwards first or up she goes

    Generally, EUR/USD is moving downwards. In the minutes for the past money-related arrangement meeting delivered last Friday, it was expressed that the national bank council individuals examined a cut in quantitative facilitating during their 10 June getting amid the picked-together speed of the continuous monetary recuperation. This prompted the reinforcement of EUR. According to an hourly viewpoint, there has been a critical remedy of the most recent bullish drive which leaves bulls at the edge of their seats checking for an ideal section highlight get the following wave to the potential gain. Eurogroup gatherings will be held today. There might be volatility in EUR. EUR/USD’s next support zone is at 1.18200 and the following resistance zone is at 1.20000. Search for momentary buying chances of EUR/USD.

    GBP/USD pushes 1.3900 on milder USD, hazard on the state of mind

    Generally speaking, GBP/USD is moving downwards. As of late, GBP/USD bounced off the support zone of 1.38000. At present, GBP/USD is trying to break over the critical resistance of 1.39. Its next support zone is at 1.38000 and the following resistance zone is at 1.40000. Search for momentary buying chances of GBP/USD if it breaks over the vital level of 1.39. Pound/dollar keeps experiencing drawback energy and exchanges underneath the 50, 100, and 200 Simple Moving Averages on the four-hour outline. In addition, the Relative Strength Index (RSI) is over 30, consequently, the pair isn’t oversold. Bears are in charge. Backing anticipates at 1.38, which offered help in late June, then, at that point by 1.3755, then every day low, lastly by the July box of 1.3735. Resistance is at 1.3835, which was a swing high recently, trailed by 1.39 and 1.3940 – venturing stones in transit down.

    USD/CAD Price Analysis: Bulls attempt to recover past 1.2450

    USD/CAD moves in a rising pattern channel from the low of 1.2029 since the start of the earlier month. Presently, USD/CAD is trying the support zone of 1.24800 and the following resistance zone is at 1.26100. Search for momentary selling chances of USD/CAD if it breaks the support zone of 1.24800. USD/CAD edges higher on Monday in the Asian exchanging hours. The pair fell strongly from the high of 1.2556 on Friday and stopped the fall close to the help turned-resistance level at 1.2450. If the cost supports over intraday’s meeting at 1.2461, it could test 1.2500 even opposition level followed by the earlier day’s high at 1.2556. Every day close underneath the 1.2400 imprints, which is the lower trendline of the referenced channel, would enhance the selling openings toward the 1.2370 flat support level.

    AUD/USD remains constrained underneath 0.7500 amid calm business sectors

    AUD/USD is moving downwards. As of late, AUD/USD moved upwards into the resistance zone of 0.75000. A nearby over the 1.2500 would clear a path for the 0.7520 even resistance level, trailed by the high of Wednesday at 0.7535. AUD/USD expands the earlier day’s disadvantage energy and edges lower in the Asian exchanging meeting on Monday. The pair made a high of 0.7490 and withdrew rapidly to the low of 0.7476. On the 4-hour diagram, the AUD/USD pair has been confronting a solid obstacle close to the sliding trendline from the high nearby the 0.7600 regions made on Wednesday. Presently, AUD/USD is trying the resistance zone of 0.75000 and the following support zone is at 0.73300. Search for transient buying chances of AUD/USD on the off chance that it breaks the resistance zone of 0.75000.

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    Default EUR/USD progresses towards 1.1900 on ECB’s tightening assumptions

    Generally speaking, EUR/USD is moving downwards. EUR/USD’s next support zone is at 1.18200 and the following resistance zone is at 1.20000. EUR/USD prints minor increases on Tuesday morning’s Asian meeting. The pair faces solid dismissal close to the day-by-day highs around 1.1880. The EUR/USD pair is impartial in the close to term, with a diminished bullish potential. In the 4-hour graph, the cost is creating between a somewhat bullish 20 SMA beneath the current level and a level 100 SMA restricted the potential gain. The Momentum marker withdraws from highs and is ready to cross into negative levels, while the RSI is level at around 54. Every day low is quick support, with the bearish case becoming firmer on a break underneath 1.1795. At the hour of composing, the EUR/USD pair is trading at 1.1865, up 0.05% for the afternoon. Search for momentary buying chances of EUR/USD.

    GBP/USD blurs late Monday’s bob off 1.3839 around 1.3880 during the underlying Asian meeting on Tuesday

    Generally speaking, GBP/USD is moving downwards. As of late, GBP/USD bounced off down from the vital resistance of 1.39. At present, GBP/USD is trying to break over the critical resistance of 1.39. Its next support zone is at 1.38000 and the following resistance zone is at 1.40000. The GBP/USD pair keeps up with its bullish position in the close term, as it exchanges around 1.3880. The 4-hour outline shows that the value holds over its 20 and 100 SMAs, with the more limited acquiring up strength. The Momentum marker propels inside sure levels while the RSI is steady at 59, showing restricted selling interest. In any case, the pair needs to clear the 1.3940 static opposition level to have the option to broaden gains at a firmer speed. Search for momentary buying chances of GBP/USD if it breaks over the vital resistance of 1.39.

    USD/CAD Price Analysis: Critical resistance close to 1.2460 inside a rising channel

    USD/CAD gathers minute losses on Tuesday in the underlying Asian exchanging meeting. The pair trust in a tight trading scope of 10 pips with no significant footing. USD/CAD is floating in the potential gain moving channel from the low of 1.2000 made in June. The pair trust the development somewhere in the range of 1.2300 and 1.2550 as of now. At the hour of composing, USD/CAD is exchanging at 1.2449, down 0.02% for the afternoon. Generally speaking, USD/CAD is moving upwards. As of now, USD/CAD is trying the support zone of 1.24800 and the following opposition zone is at 1.26100. Then, the USD/CAD bulls would intend to recover April 23 high at 1.2534 followed by the 1.2565 flat opposition level. Then again, if the value begins moving lower, the bears could test the 100-day Simple Moving Average (SMA) at 1.2374. Search for transient selling chances of USD/CAD if it breaks the support zone of 1.24800.

    AUD/USD jabs 0.7500 on peppy China exchange numbers

    AUD/USD revives intraday high to 0.7500, up 0.32% intraday, as China reports solid exchange numbers during early Tuesday. Other than the downbeat information, deteriorating (COVID-19) conditions in Australia likewise tested AUD/USD bulls prior in Asia. The Pacific country enrolled 10-month high diseases the earlier day and pushed back plans of open in the key regions like New South Wales and Queensland. In doing as such, the danger gauge pair overlooks the Coronavirus hardships at home, just as careful assessment in front of the US expansion information for June. In general, AUD/USD is moving downwards. The Australian NAB Business Confidence information (Forecast: NA, Previous: 20) will be delivered later at 0930 (GMT+8). Right now, AUD/USD is trying the resistance zone of 0.75000 and the following support zone is at 0.73300. Search for momentary buying chances of AUD/USD if it breaks the resistance zone of 0.75000.

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    Default EUR/USD recovered from a new three-month low

    EUR/USD recovered from a new three-month low, the danger stays slanted to the disadvantage

    By and large, EUR/USD is moving downwards. As of late, EUR/USD climbed into the resistance zone of 1.18200. Right now, EUR/USD is trying the resistance zone of 1.18200 and the following support zone is at 1.16300. The EUR/USD pair exchanges close to every day high heading into the Asian opening, in spite of the fact that its close term bullish potential is restricted. The 4-hour graph shows that a somewhat negative 20 SMA covered advances, actually creating underneath the more extended ones. Specialized pointers recuperated from intraday lows yet lost their vertical strength inside beneath their midlines. The danger stays slanted to the drawback as long as it holds beneath 1.1920, a static Fibonacci resistance level. Search for momentary buying chances of EUR/USD on the off chance that it breaks the resistance zone of 1.18200

    GBP/USD Bulls take the foot off the level beneath 1.3900

    In general, GBP/USD is running across. As of late, GBP/USD rebounded down from the vital resistance of 1.39. The GBP/USD pair is impartial, albeit the danger slants to the disadvantage. The 4-hour graph shows that the cost meets with aimless 20 and 100 SMAs, while the 200 SMA keeps up with its negative slant well over the current level. The pair facilitated from tops regardless of the expansive dollar’s shortcoming, as blended UK information and Covid related concerns subverted interest for the pound. Promptly in the day, the nation distributed June swelling figures, with the Consumer Price Index expanding to 2.5% YoY. Maker Prices around the same time were down, while the Retail Price Index was up 3.9% in a similar period. Right now, GBP/USD is moving towards the support zone of 1.38000 and the following resistance zone is at 1.40000. Search for temporary buying chances of GBP/USD on the off chance that it bobs off the support zone of 1.38000.

    USD/CAD gets offers to invigorate intraday high, dismisses Wednesday’s pullback moves

    USD/CAD advances to 1.2530, up 0.18% on a day, as bulls overlook the earlier day’s pullback amid early Thursday.
    The loonie pair tested a two-day upturn on Wednesday after the Bank of Canada (BOC) remained on the tightening way. Notwithstanding, a more vulnerable than the anticipated decrease in the bond buy and supported shortcoming in Canada’s key fare thing oil review the pair purchasers thereafter. The up-moves could likewise be credited to the US dollar’s get, sponsored by the downbeat market slant. Generally, USD/CAD is moving upwards. As of late, USD/CAD skipped off the support zone of 1.24800. USD/CAD debilitated for a brief time frame before recuperating after neglecting to break the support zone of 1.24800. USD/CAD’s next support zone is at 1.24800 and the following resistance zone is at 1.26100.
    Search for temporary buying chances of USD/CAD.

    AUD/USD Forecast: Eyes on Australian business figures

    In general, AUD/USD is moving downwards. AUD/USD’s next support zone is at 0.73300 and the following resistance zone is at 0.75000. If the Australian work information discharge neglects to fortify AUD/USD over the resistance zone of 0.75000, search for momentary selling chances of AUD/USD.AUD/USD remains forced towards 0.7450 oms blended Australian positions and Chinese information dump. The Aussie jobless rate beat gauges by 4.9% in June, the business change frustrated. Chinese GDP missed appraisals with 7.9% YoY in Q2 while the movement numbers came in playful. The cost is exchanging a couple of pips over a somewhat bullish 20 SMA yet stays underneath the more extended ones. Odds of a more grounded advance appear to be restricted, however, the pair could broaden gains past 0.7500, basically briefly, on peppy work figures.

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    Default EUR/USD blurs remedial pullback close 1.1800

    Generally, EUR/USD is moving downwards. Presently, EUR/USD is trying the resistance zone of 1.18200 and the following support zone is at 1.16300. Search for momentary buying chances of EUR/USD on the off chance that it breaks the resistance zone of 1.18200. The EUR/USD pair holds around the 1.1800 level and is in danger of falling further. The 4-hour graph shows that the pair continues creating beneath negative moving midpoints after a bombed endeavor to run past the 20 SMA. The Momentum pointer propels while the RSI sits tight, both inside adverse levels. The pair set a three-month low at 1.1771, the level to break to affirm another leg south.

    GBP/USD skips off month to month backing to guard 1.3800

    Generally speaking, GBP/USD is going across. As of late, GBP/USD skipped off the support zone of 1.38000. GBP/USD’s next support zone is at 1.38000 and the following resistance zone is at 1.40000. Search for temporary buying chances of GBP/USD. The UK work information delivered yesterday demonstrated a solid expansion in normal profit while the number of individuals guaranteeing joblessness benefits kept on declining quicker than guage. Notwithstanding, the joblessness rate crawled higher.The GBP/USD pair exchanges close to the 1.3800 level, negative in the close term. The 4-hour graph shows that the pair momentarily spiked over its 20 and 100 SMAs, both joining around 1.3845. The Momentum pointer turned possibly higher inside bad levels

    USD/CAD Price Analysis: Bulls nearly on a new hourly momentum

    In general, USD/CAD is moving upwards. As of late, USD/CAD moved into the resistance zone of 1.26100. Presently, USD/CAD is trying the resistance zone of 1.26100 and the following support zone is at 1.24800. Search for momentary buying chances of USD/CAD on the off chance that it breaks the resistance zone of 1.26100. The cost has been rectified to a critical 38.2% Fibonacci retracement region close to 1.2580. Given the bullish pattern, a bullish continuation could be on the cards for the end meetings ahead. If this holds and the cost thusly travels through the 21-EMA and the current opposition, 1.2600, then, at that point the bulls will have the go-ahead to target higher highs.

    USD/JPY keeps its reach around 110.00 on non-occasion BOJ

    In general, USD/JPY is running across. As of late, USD/JPY broke beneath the vital resistance of 110. USD/JPY’s next support zone is at 108.500 and the following resistance zone is at 110.800. On the off chance that the BoJ conveys a timid tone and that USD/JPY breaks over the critical resistance of 110, search for momentary buying chances of USD/JPY. The USD/JPY pair keeps up with the close term negative position, heading into the Asian opening exchanging the 109.80 value zone. The 4-hour outline shows that it went through the day beneath the entirety of its moving midpoints, albeit the 20 and 200 SMAs combine aimless at around 110.20. Specialized pointers continued their decays inside bad levels, with the Momentum as of now at new lows, supporting a negative continuation.
    Last edited by xtreamforex.com; 07-16-2021 at 05:59 AM.

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    Default EUR/USD prints falling wedge around key support line close 1.1800

    in ro ham eslah kon:
    Generally, EUR/USD is moving downwards. As of late, EUR/USD neglected to break the resistance zone of 1.18200 because of a worldwide worry in a bounce-back in COVID cases. The EUR/USD pair holds the negative position notwithstanding bobbing from its intraday low. The Momentum pointer recuperated inside regrettable levels, however, the RSI marker unites around 44, all of which favor another leg south.
    Presently, EUR/USD is moving towards the resistance zone of 1.18200 and the following support zone is at 1.16300. Search for momentary selling chances of EUR/USD if it ricochets off the resistance zone of 1.18200.

    GBP/USD: bears cheer Covid, Brexit negativity underneath 1.3700

    Generally, GBP/USD is moving downwards. As of late, GBP/USD broke underneath the critical resistance of 1.37 because of a worldwide worry in a bounce-back in COVID cases. The GBP/USD pair trades close the referenced every day low, unfit to recuperate ground. The pair is oversold, however, there are no signs it would shift direction. The RSI marker remains at 26, oversold interestingly since in a month. The pair has two pertinent month-to-month lows in the 1.3660 region, which implies a break beneath it should prompt a more extreme decrease during the impending meetings. GBP/USD’s next support zone is at 1.36000 and the following resistance zone is at 1.38000. Search for momentary selling chances of GBP/USD.

    USD/CAD unites ongoing additions around the most elevated levels since February.

    USD/CAD merchants assault intraday low close 1.2740, down 0.07% on a day, amid Tuesday’s Asian meeting. The Loonie pair leaped to the most elevated since early February before moving away from 1.2807. By and large, USD/CAD is moving upwards. As of late, USD/CAD reinforced and broke the obstruction zone of 1.26100 because of a worldwide worry in a bounce-back in COVID cases. USD/CAD’s next support zone is at 1.26100 and the following resistance zone is at 1.28500. Search for transient buying chances of USD/CAD. Additionally prone to address USD/CAD bulls is the late December high near 1.2960 and the 1.3000 edges.

    AUD/USD: Bears keep 0.7300 on the radar following no report from RBA Minutes, PBOC

    Generally, AUD/USD is moving downwards. As of late, AUD/USD debilitated and moved into the support zone of 0.73300 because of a worldwide worry in a bounce-back in COVID cases. Presently, AUD/USD is trying the support zone of 0.73300 and the following resistance zone is at 0.75000. Search for momentary selling chances of AUD/USD on the off chance that it breaks the support zone of 0.73300. AUD/USD needs to remain beneath 0.7340, including tops set apart during September and November 2020, to guide the bear to the October highs close to 0.7245. Something else, the 0.7400 limits and July 09 lows close 0.7410 may draw the countertrend brokers.

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