Brian Twomey
Brian's Investment
AUD/USD
Long Short Line 0.7374
Most Important 0.7356 and 0.7362 Vs 0.7378, 0.7383, 0.7387, 0.7392, 0.7401, 0.7406 and 0.7411
Bottom. 0.7337 achieves by 0.7358 and 0.7346
Upper target 0.7411
Continuation Fail 0.7392
USD/JPY
Long Short Line 109.87
Most Important 109.52 and 109.66 Vs 109.93, 110.01, 110.07, 110.14, 110.28, 110.35 and 110.42
Bottom. 109.32 achieves by 109.59 and 109.45
Upper target 110.42
Continuation fail 110.14
NZD/USD
Long Short Line 0.6962
Most Important 0.6943 and 0.6944 Vs 0.6965, 0.6970, 0.6979, 0.6983, 0.6988, 0.6992 and 0.6997
Bottom. 0.6927 achieves by 0.6944 and 0.6935
Upper target 0.6997
Continuation Fail 0.6979
Trading currencies and other financial instruments carries a degree of loss and possible loss of entire investments. Please managed your own risks, stop loss, and margins requirements.
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The US' real GDP expanded at an annual rate of 1.6% in the first quarter, the US Bureau of Economic Analysis' first estimate showed on Thursday. This reading came in worse than the market expectation for a growth of 2.5%.
EUR/USD holds gains above 1.0700, as key US data loom
EUR/USD holds gains above 1.0700 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
GBP/USD extends recovery above 1.2500, awaits US GDP data
GBP/USD is catching a fresh bid wave, rising above 1.2500 in European trading on Thursday. The US Dollar resumes its corrective downside, as traders resort to repositioning ahead of the high-impact US advance GDP data for the first quarter.
Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP
Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark on Thursday and for now, seems to have snapped a three-day losing streak, though the upside potential seems limited.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
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