EUR/USD

The upside prevails.

EURUSD


 

Stay on top of the markets with Swissquote’s News & Analysis

 


Pivot (invalidation): 1.0865

Our preference
Long positions above 1.0865 with targets at 1.0950 & 1.0985 in extension.

Alternative scenario
Below 1.0865 look for further downside with 1.0835 & 1.0810 as targets.

Comment
The break above 1.0865 is a positive signal that has opened a path to 1.0950.

 

GBP/USD

Bullish bias above 1.1805.

GBPUSD

Pivot (invalidation): 1.1805

Our preference
Long positions above 1.1805 with targets at 1.1890 & 1.1915 in extension.

Alternative scenario
Below 1.1805 look for further downside with 1.1775 & 1.1730 as targets.

Comment
The RSI lacks downward momentum.

 

USD/JPY

Key resistance at 111.05.

USDJPY

Pivot (invalidation): 111.05

Our preference
Short positions below 111.05 with targets at 110.40 & 110.05 in extension.

Alternative scenario
Above 111.05 look for further upside with 111.40 & 111.70 as targets.

Comment
As Long as the resistance at 111.05 is not surpassed, the risk of the break below 110.40 remains high.

This report has been prepared by AC Markets and is solely been published for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any currency or any other financial instrument. Views expressed in this report may be subject to change without prior notice and may differ or be contrary to opinions expressed by AC Markets personnel at any given time. ACM is under no obligation to update or keep current the information herein, the report should not be regarded by recipients as a substitute for the exercise of their own judgment.

Analysis feed

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!


Latest Forex Analysis

Editors’ Picks

EUR/USD extends slump after NFP shows massive job loss

EUR/USD is trading below 1.08, down on the day. The Non-Farm Payrolls report has shown a loss of 701,000 jobs, worse than expected. The ISM Non-Manufacturing PMI surprised to the upside with 52.5 points. 

EUR/USD News

GBP/USD drops below 1.23 amid sour mood, after UK data

GBP/USD has dropped below 1.23 as the market mood sours. Final UK Services PMI dropped to 34.5 points, worse than expected.  

GBP/USD News

NFP Quick Analysis: 701K jobs lost only be tip of the iceberg, why King Dollar is ready for coronation

The US lost 701,000 jobs in March, the worst in 11 years. The Non-Farm Payrolls figures are lagging the fast-moving events. Wage growth is also skewed and should be ignored. The safe-haven dollar has room to rise. 

Read more

WTI trades in three-week’s highs near $26.50 a barrel

WTI is jumping from multi-year lows following the US President Trump’s tweet of yesterday (Thursday) suggesting a Saudi-Russian deal was on the pipeline.

Oil News

Gold remains confined in a range, moves little post-NFP

Gold extended its sideways consolidative price action around the $1615 region and had a rather muted reaction to the US monthly employment details

Gold News

Forex Majors

Cryptocurrencies

Signatures