Currency Majors Technical Analysis


    AUDUSD

    AUD/USD - Australian dollar / US Dollar

    Resistances: 0.93 - 0.927 - 0.922
    Supports: 0.9135 - 0.9165 - 0.919


    USDCAD

    USD/CAD - US Dollar / Canadian Dollar

    Entry: 1.0285
    Stop: 1.0305

    Resistances: 1.0365 - 1.0345 - 1.0315
    Supports: 1.024 - 1.0265 - 1.028


    EURCAD

    EUR/CAD - Euro / Canadian Dollar

    Resistances: 1.368 - 1.3655 - 1.362
    Supports: 1.355 - 1.358 - 1.3595


    EURUSD

    EUR/USD - Euro / US Dollar

    Resistances: 1.33 - 1.328 - 1.3255
    Supports: 1.3165 - 1.32 - 1.3225


    EURGBP

    EUR/GBP - Euro / British Pound

    Resistances: 0.866 - 0.8645 - 0.863
    Supports: 0.858 - 0.859 - 0.861


    USDCHF

    USD/CHF - US Dollar / Swiss Franc

    Resistances: 0.9445 - 0.941 - 0.9375
    Supports: 0.93 - 0.932 - 0.934


    EURCHF

    EUR/CHF - Euro / Swiss Franc

    Resistances: 1.242 - 1.2405 - 1.239
    Supports: 1.2355 - 1.2365 - 1.2375


    EURAUD

    EUR/AUD - Euro / Australian dollar

    Resistances: 1.448 - 1.444 - 1.44
    Supports: 1.425 - 1.428 - 1.434


    GBPUSD

    GBP/USD - British Pound / US Dollar

    Resistances: 1.539 - 1.537 - 1.5355
    Supports: 1.5265 - 1.5295 - 1.5335


    USDJPY

    USD/JPY - US Dollar / Yen

    Resistances: 100.65 - 100.45 - 100.15
    Supports: 99.35 - 99.6 - 99.95


    EURJPY

    EUR/JPY - Euro / Yen

    Resistances: 133.8 - 132.8 - 132.6
    Supports: 131.45 - 131.85 - 132.25


    GBPJPY

    GBP/JPY - British Pound / Yen

    Resistances: 154.2 - 153.9 - 153.7
    Supports: 152.8 - 153.1 - 153.45


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Australian Dollar maintains ground amid subdued US Dollar, US Nonfarm Payrolls awaited

Australian Dollar maintains ground amid subdued US Dollar, US Nonfarm Payrolls awaited

The Australian Dollar rises on hawkish sentiment surrounding the RBA prolonging higher interest rates. Australia’s central bank is expected to maintain its current rate at 4.35% until the end of September. US Nonfarm Payrolls is expected to print a reading of 243K for April, compared to 303K prior.

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EUR/USD: Optimism prevailed, hurting US Dollar demand

EUR/USD: Optimism prevailed, hurting US Dollar demand

The EUR/USD pair advanced for a third consecutive week, accumulating a measly 160 pips in that period. The pair trades around 1.0760 ahead of the close after tumultuous headlines failed to trigger a clear directional path.

EUR/USD News

Gold bears take action on mixed signals from US economy

Gold bears take action on mixed signals from US economy

Gold price fell more than 2% for the second consecutive week, erased a small portion of its losses but finally came under renewed bearish pressure. The near-term technical outlook points to a loss of bullish momentum as the market focus shifts to Fedspeak.

Gold News

Bitcoin Cash could become a Cardano partnerchain as 66% of 11.3K voters say “Aye”

Bitcoin Cash could become a Cardano partnerchain as 66% of 11.3K voters say “Aye”

Bitcoin Cash is the current mania in the Cardano ecosystem following a proposal by the network’s executive inviting the public to vote on X, about a possible integration.

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Week ahead: BoE and RBA decisions headline a calm week

Week ahead: BoE and RBA decisions headline a calm week

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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