Currency Majors Technical Analysis


    USD/CAD - US Dollar / Canadian Dollar

    Entry: 1.136
    Stop: 1.133

    Resistances: 1.1425 - 1.14 - 1.1375
    Supports: 1.13 - 1.1325 - 1.1345

usdcad

    USD/JPY - US Dollar / Yen

    Entry: 118.85
    Stop: 118.55

    Resistances: - 119.85 - 119.15
    Supports: 117.3 - 117.8 - 118.65

usdjpy

    EUR/JPY - Euro / Yen

    Entry: 148.95
    Stop: 148.55

    Resistances: 154.15 - 150.85 - 149.65
    Supports: 147.65 - 148.4 - 148.9

eurjpy

    GBP/JPY - British Pound / Yen

    Entry: 186
    Stop: 185.6

    Resistances: 189.2 - 187.35 - 186.25
    Supports: 182.8 - 183.3 - 184.35

gbpjpy

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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

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

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

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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