Majors
EUR/USD: SHORT AT 1.3856 FOR 1.3780 OBJECTIVE, REVISED STOP 1.3850
USD/JPY: LONG AT 101.75 FOR 102.72; REVISED STOP AT 101.59
GBP/USD: LONG AT 1.6700 FOR 1.6879; STOP AT 1.6615
USD/CHF: SHORT AT .8790 FOR .8698 REVISED OBJECTIVE, STOP .8808
AUD/USD: BUY AT .9350 FOR .9523; STOP AT .9290
USD/CAD: SELL AT 1.1015 FOR 1.0842 STOP AT 1.1080
Crosses
EUR/JPY: LONG AT 141.15 FOR 142.64 OBJECTIVE, STOP 140.39
EUR/GBP: LONG AT .8285 FOR .8400; STOP AT .8250
EUR/CHF: SELL AT 1.2170 FOR 1.2102; STOP AT 1.2210
EUR/CAD: POSSIBLY BUY
GBP/JPY: BUY AT 169.90 FOR 172.50; STOP AT 168.90
NZD/USD: BUY AT .8620 FOR .8785; STOP AT .8565
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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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