Majors
EUR/USD: LONG AT 1.3665 FOR 1.3734 OBJECTIVE, STOP 1.3635
USD/JPY: BUY AT 101.70 FOR INITIAL 102.65 OBJECTIVE, STOP 101.39
GBP/USD: REVISE BUY AT 1.7120 FOR 1.7230; STOP AT 1.7060
USD/CHF: SHORT AT .8885 FOR .8800 OBJECTIVE, STOP .8922
AUD/USD: LONG AT .9395 STOPPED FOR PROFIT AT .9410, POSSIBLY BUY LOWER
USD/CAD: SELL AT 1.0677 FOR 1.0589 STOP AT 1.0732
Crosses
EUR/JPY: LONG AT 138.55 FOR 139.79 OBJECTIVE, REVISED STOP 138.47
EUR/GBP: SHORT AT .8015 FOR .7887; STOP AT .8014
EUR/CHF: SHORT AT 1.2190 FOR REVISED 1.2123; STOP AT 1.2179
EUR/CAD: SHORT AT 1.4750 FOR 1.4410 OBJ, REVISED STOP 1.4650
GBP/JPY: MISSED BUY, LOOK TO BUY ON DIPS
NZD/USD: LONG AT .8705 FOR .8842; STOP AT .8720
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EUR/USD clings to daily gains above 1.0650
EUR/USD gained traction and turned positive on the day above 1.0650. The improvement seen in risk mood following the earlier flight to safety weighs on the US Dollar ahead of the weekend and helps the pair push higher.
GBP/USD recovers toward 1.2450 after UK Retail Sales data
GBP/USD reversed its direction and advanced to the 1.2450 area after touching a fresh multi-month low below 1.2400 in the Asian session. The positive shift seen in risk mood on easing fears over a deepening Iran-Israel conflict supports the pair.
Gold holds steady at around $2,380 following earlier spike
Gold stabilized near $2,380 after spiking above $2,400 with the immediate reaction to reports of Israel striking Iran. Meanwhile, the pullback seen in the US Treasury bond yields helps XAU/USD hold its ground.
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