GBP/USD falls to 1.6975

GBPUSD chart

The GBP/USD was unable to break above the 1.7000 area and after rejecting this level, the Cable is...

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Valeria Bednarik: EUR/USD weakness to target 1.3290

Valeria Bednarik from FXStreet says that further EUR/USD weakness would target 1.3290. She thinks AUS/USD looks heavy while the GBP/USD may drop to 1.6800 and still remains in bullish trend.

EUR/USD: risk remains biased to further downside − Scotiabank

Dull range trade continues in USD/JPY but the bias remains to the topside technically. Helping support the pair from a fundamental perspective is a drift to the topside in US yields. 10 year notes are up 2 bp to 2.49% in quiet trade.

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EUR slides limited, GBP to extend consolidative range

Pair Average levels
1 Week 1 Month 1 Quarter
EURUSD 1.3389 1.3435 1.3270
GBPUSD 1.6965 1.7021 1.6970
USDJPY 101.86 102.25 103.82
USDCHF 0.9064 0.9059 0.9198
AUDUSD 0.9357 0.9280 0.9171
Pair Average levels
1 Week 1 Month 1 Quarter
USDCAD 1.0794 1.0803 1.0942
NZDUSD 0.8539 0.8601 0.8521
GBPJPY 172.65 173.83 175.71
EURJPY 136.62 137.10 138.30
EURGBP 0.7876 0.7843 0.7793

EUR/USD downside limited by critical 1.3000: bears may be in charge, but sentiment is not enough to start thinking of a stronger long term slide.

GBP/USD bulls’ hopes lost: Pound sub 1.70 against the greenback, fueled bearish potential for GBP/USD seen mostly under pressure for t the upcoming month.

USD/JPY bulls still dominating the pair: pressure eased over the USD/JPY, with bulls again been a strong majority in the short and longer view.

AUD/USD red, red and more red ahead: despite its latest strength, market players are sitting in the selling side of the pair, seeing levels of 0.90 and below for next quarter.

EUR/JPY probable bottom underway: the EUR/JPY is expected to maintain the range next week, but return north afterwards.


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Current Trading Positions

AUDUSD Order Entry SL TP
Rockefeller Treasury Services, Inc. LONG LMT @1.6969 - -
USDCAD Order Entry SL TP
Rockefeller Treasury Services, Inc. LONG LMT @1.0806 - -
CHFJPY Order Entry SL TP
Admiral Markets SELL LMT @112.85 - 112.30
GBPJPY Order Entry SL TP
RoboForex SHORT LMT @172.93 173.50 172.00


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Most Traded Pairs

Pair Price Hour Day Week Month
EURUSD 1.3435 0.01 0.01 -0.66 -1.57
GBPUSD 1.6982 0.00 0.01 -0.55 -0.32
USDJPY 101.87 0.00 0.10 0.47 0.46
AUDUSD 0.9408 -0.02 0.11 0.36 -0.17
USDCHF 0.9042 -0.01 -0.04 0.69 1.52

Most Popular Content

  1. EUR/USD takes a breather above 1.3400
     by FXStreet Jul 28, 09:30 GMT
  2. GBP/USD may show some recovery attempts
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  3. EUR/USD is not ready to leave 1.34 area
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  3. EUR/USD: quiet day in a busy week
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