Currency Majors Technical Analysis


    USDCAD

    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


    EURCAD

    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


    EURAUD

    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


    EURUSD

    EUR/USD - Euro / US Dollar

    Resistances: 1.3255 - 1.3205 - 1.317
    Supports: 1.3065 - 1.3095 - 1.313


    EURGBP

    EUR/GBP - Euro / British Pound

    Resistances: 0.8645 - 0.863 - 0.8615
    Supports: 0.857 - 0.859 - 0.86


    AUDUSD

    AUD/USD - Australian dollar / US Dollar

    Resistances: 0.93 - 0.926 - 0.9235
    Supports: 0.914 - 0.917 - 0.9205


    USDCHF

    USD/CHF - US Dollar / Swiss Franc

    Resistances: 0.948 - 0.9445 - 0.9415
    Supports: 0.932 - 0.936 - 0.9385


    EURCHF

    EUR/CHF - Euro / Swiss Franc

    Resistances: 1.2405 - 1.239 - 1.237
    Supports: 1.2325 - 1.2345 - 1.2355


    GBPUSD

    GBP/USD - British Pound / US Dollar

    Resistances: 1.5395 - 1.534 - 1.53
    Supports: 1.5155 - 1.524 - 1.5275


    USDJPY

    USD/JPY - US Dollar / Yen

    Resistances: 100.85 - 100.45 - 100.1
    Supports: 99.3 - 99.6 - 99.8


    EURJPY

    EUR/JPY - Euro / Yen

    Resistances: 132.3 - 131.95 - 131.6
    Supports: 130.75 - 131.1 - 131.3


    GBPJPY

    GBP/JPY - British Pound / Yen

    Resistances: 153.7 - 153.3 - 152.9
    Supports: 151.8 - 152.2 - 152.6


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US economy grows at an annual rate of 1.6% in Q1 – LIVE

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%.

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EUR/USD retreats to 1.0700 after US GDP data

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.

EUR/USD News

GBP/USD declines below 1.2500 with first reaction to US data

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%. 

GBP/USD News

Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP

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. 

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XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger

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. 

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