USD/CAD - US Dollar / Canadian Dollar
Entry: 1.0355
Stop: 1.0375
Resistances: 1.042 - 1.039 - 1.037
Supports: 1.0315 - 1.0325 - 1.035
EUR/CAD - Euro / Canadian Dollar
Entry: 1.362
Stop: 1.364
Resistances: 1.3685 - 1.3665 - 1.3635
Supports: 1.355 - 1.359 - 1.3615
EUR/AUD - Euro / Australian dollar
Entry: 1.4255
Stop: 1.428
Resistances: 1.4375 - 1.433 - 1.429
Supports: 1.4165 - 1.421 - 1.4235
AUD/USD - Australian dollar / US Dollar
Resistances: 0.93 - 0.926 - 0.9235
Supports: 0.914 - 0.917 - 0.9205
USD/CHF - US Dollar / Swiss Franc
Resistances: 0.948 - 0.9445 - 0.9415
Supports: 0.932 - 0.936 - 0.9385
GBP/USD - British Pound / US Dollar
Resistances: 1.5395 - 1.534 - 1.53
Supports: 1.5155 - 1.524 - 1.5275
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US economy grows at an annual rate of 1.6% in Q1 – LIVE
The US' real GDP expanded at an annual rate of 1.6% in the first quarter, the US Bureau of Economic Analysis' first estimate showed on Thursday. This reading came in worse than the market expectation for a growth of 2.5%.
EUR/USD retreats to 1.0700 after US GDP data
EUR/USD came under modest bearish pressure and retreated to the 1.0700 area. Although the US data showed that the economy grew at a softer pace than expected in Q1, strong inflation-related details provided a boost to the USD.
GBP/USD declines below 1.2500 with first reaction to US data
GBP/USD declined below 1.2500 and erased a portion of its daily gains with the immediate reaction to the US GDP report. The US economy expanded at a softer pace than expected in Q1 but the price deflator jumped to 3.4% from 1.8%.
Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP
Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark on Thursday and for now, seems to have snapped a three-day losing streak, though the upside potential seems limited.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.