TRENDING:

XAU/USD

EUR/USD

Key Trading Levels: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, DXY & S&P 500

Peter Mathers TradingLounge

Overview:

Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USD Index and S&P500.

AUDJPY and AUDUSD rally within last month’s trading range.

EURUSD, GBPJPY, and GBPUSD remain range bound with a downside bias.

NZDJPY and NZDUSD strong weekly rally on the back of an interest rate rise of 0.25%. NZDJPY rallies back to the 77.92 weekly resistance level. NZDUSD rallies back to the 0.6804 weekly resistance level.

EURJPY short term rally with a downside bias.

USD Index remains range bound with an upside bias.

S&P500 testing and now breaking the 4268 monthly support level.

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

AUD/USD regains mild traction, falters near 0.7150

AUD/USD gathers some steam and manages to flirt with the 0.7150 level on Thursday. However, the pair has retraced some of Wednesday’s significant pullback due to renewed selling pressure on the Greenback and a slight improvement in risk sentiment following hopes of a deal in the Middle East. Wrapping up the Australian docket, the RBA’s Hauser will speak early on Friday.

USD/JPY trades below 160.00 intervention threshold; bullish bias intact

The USD/JPY pair attracts some sellers during the Asian session amid fears that authorities will step in again to prop up the Japanese Yen. Furthermore, the Israel-Lebanon truce prompts some profit-taking around the US Dollar and exerts downward pressure on the currency pair.

Gold puts its 200-day SMA to the test near $4,420

Gold keeps the bullish stance in place in the latter part of Thursday’s session, although a convincing break above the key $4,500 mark per troy ounce still remains elusive. The precious metal’s advance comes amid the resurgence of some selling interest around the Greenback, improving risk sentiment, and declining US Treasury yields across the board.

XRP plummets as ETF outflows, geopolitical tensions reinforce bearish outlook

Ripple (XRP) edges lower, trading around $1.15 at the time of writing on Thursday, its lowest price since February 6. The cross-border money remittance token is extending the sell-off for the fifth consecutive day, reflecting persistent headwinds from ongoing geopolitical tensions and investor uncertainty.

Nonfarm payrolls: Testing the limits of Fed policy patience

The upcoming nonfarm payrolls report for May will provide the final update on the US labor market before Kevin Warsh attends his first policy meeting as the new Fed Chair later this month.

Recession on paper: What really moves the Canadian Loonie now?

Statistics Canada handed the headline writers a gift and the analysts a headache. Real GDP shrank 0.1% on an annualized basis in the first quarter, and with the fourth quarter of 2025 revised down to a 1.0% contraction, that is two negative quarters in a row, the textbook definition of a technical recession and Canada's first since the pandemic.

Key Trading Levels: AUD/JPY, AUD/USD, EUR/JPY, EUR/USD, GBP/JPY, GBP/USD, NZD/JPY, NZD/USD, DXY & S&P 500

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