Key trading levels: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/JPY and Gold [Video]
|Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD Index, Gold, and S&P 500. Read the updated analysis below. AUDJPY closed below the 92.59 weekly support level.
AUD/USD closed below the 0.6700 level. A lower top has now formed on the daily chart.
EUR/JPY closed below the 143.68 daily support level.
EUR/USD closed below the 1.0340 monthly resistance level. Is a double top forming at the 1.0479 daily resistance level?
GBP/JPY declined and is targeting the 164.28 daily support level.
GBP/USD closed below the 1.2000 level. Watching for a lower top to form on the daily chart to confirm the change in trend.
NZD/JPY retested and closed below the 86.21 weekly resistance level.
NZD/USD closed below the 0.6204 monthly resistance level for the second day in a row. Watching for a lower top to form on the daily chart to confirm the change in trend.
USD/CAD advanced closing above the 1.3502 daily resistance level.
USD/JPY closed above the 138.00 level. Is a double bottom forming at the 137.66 daily support level?
USD Index has rallied for two days and may be forming a double bottom at the 105.29 daily support level.
Gold continues to hold above the 1729 weekly support level.
S&P 500 may be forming a double top at 4004 the 62% fib retracement level of the monthly range.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.