Overview

USD strength prevailed after a strong US ISM Manufacturing PMI data release last night.

  • AUDJPY has closed above the 93.00 level.

  • AUDUSD has rejected and closed below the 0.7200 level.

  • EURJPY has closed above 138.31 last month’s high.

  • EURUSD has declined back down to the 1.0635 monthly support level.

  • GBPJPY has rallied back to the 163.06 monthly resistance level.

  • GBPUSD has declined down from the 1.2638 daily resistance level. A double top pattern may now be forming.

  • NZDJPY has rallied back to the 84.24 daily resistance level.

  • NZDUSD has declined down from the 0.6527 monthly resistance level. A double top pattern may now be forming.

  • USDCAD has found support at 1.2659 the weekly 62% fib retracement level.

  • USDJPY has closed above the 129.77 daily resistance level.

  • USD Index remains positive for the week trading back towards the 103.81 monthly resistance level.

  • Oil has rejected the 114.44 major monthly resistance level.

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