Currency Majors Technical Analysis


    EURUSD

    EUR/USD - Euro / US Dollar

    Entry: 1.3135
    Stop: 1.316

    Resistances: 1.3205 - 1.3175 - 1.3145
    Supports: 1.305 - 1.3095 - 1.3125


    AUDUSD

    AUD/USD - Australian dollar / US Dollar

    Entry: 0.9215
    Stop: 0.9235

    Resistances: 0.9305 - 0.926 - 0.924
    Supports: 0.915 - 0.917 - 0.92


    EURAUD

    EUR/AUD - Euro / Australian dollar

    Entry: 1.425
    Stop: 1.4215

    Resistances: 1.4375 - 1.433 - 1.429
    Supports: 1.4075 - 1.419 - 1.424


    EURJPY

    EUR/JPY - Euro / Yen

    Entry: 130.55
    Stop: 130.2

    Resistances: 131.5 - 131.15 - 130.75
    Supports: 129.95 - 130.25 - 130.45


    EURGBP

    EUR/GBP - Euro / British Pound

    Resistances: 0.875 - 0.872 - 0.8705
    Supports: 0.863 - 0.865 - 0.868


    USDCHF

    USD/CHF - US Dollar / Swiss Franc

    Resistances: 0.9495 - 0.9455 - 0.9425
    Supports: 0.931 - 0.9355 - 0.938


    USDCAD

    USD/CAD - US Dollar / Canadian Dollar

    Resistances: 1.044 - 1.0425 - 1.04
    Supports: 1.0325 - 1.0365 - 1.0385


    EURCHF

    EUR/CHF - Euro / Swiss Franc

    Resistances: 1.2415 - 1.2405 - 1.238
    Supports: 1.233 - 1.235 - 1.2355


    EURCAD

    EUR/CAD - Euro / Canadian Dollar

    Resistances: 1.3715 - 1.3695 - 1.366
    Supports: 1.3605 - 1.3625 - 1.364


    GBPUSD

    GBP/USD - British Pound / US Dollar

    Resistances: 1.5225 - 1.517 - 1.513
    Supports: 1.499 - 1.503 - 1.5075


    USDJPY

    USD/JPY - US Dollar / Yen

    Resistances: 100.5 - 99.95 - 99.55
    Supports: 98.25 - 98.9 - 99.25


    GBPJPY

    GBP/JPY - British Pound / Yen

    Resistances: 151.1 - 150.6 - 150.45
    Supports: 149.3 - 149.8 -


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EUR/USD clings to gains above 1.0750 after US data

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EUR/USD manages to hold in positive territory above 1.0750 despite retreating from the fresh multi-week high it set above 1.0800 earlier in the day. The US Dollar struggles to find demand following the weaker-than-expected NFP data.

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GBP/USD declines below 1.2550 following NFP-inspired upsurge

GBP/USD declines below 1.2550 following NFP-inspired upsurge

GBP/USD struggles to preserve its bullish momentum and trades below 1.2550 in the American session. Earlier in the day, the disappointing April jobs report from the US triggered a USD selloff and allowed the pair to reach multi-week highs above 1.2600.

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Gold struggles to hold above $2,300 despite falling US yields

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Gold stays on the back foot below $2,300 in the American session on Friday. The benchmark 10-year US Treasury bond yield stays in negative territory below 4.6% after weak US data but the improving risk mood doesn't allow XAU/USD to gain traction.

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Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.

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Week ahead – BoE and RBA decisions headline a calm week

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Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.

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