Majors levels |
|
The Usd/Jpy is not saying much at the moment, as the pair remains moving sideways in a thigh range, although the daily bullish trend continues clear. The pair has toped twice at 107.97, so above that point the pair could gain some upside momentum to the zone around 108.20 and finally 108.59 this year???s maximum. Seems unlikely a break trough that point today. Supports, from here will be at 107.45, followed by 107.10 and finally the zone around 106.80.
The Usd/Chf seems ready for a bearish correction right now, after reaching a daily high at 1.0403; first support will be around 1.0350, followed by 1.0322 and then 1.0287. Resistances from here, will be the mentioned maximum at 1.0400, followed by 1.0434 and finally 1.0461.
The Aud/Usd needs to break above 0.9626 to continue the bullish correction already underway: if confirms that level, next resistances will be at 0.9664 and finally the zone around 0.9700. Supports from here will be at 0.9594, followed by the zone around 0.9570 and finally 0.9542.
The Usd/Cad is also moving sideways, yet tending bullish: the pair will find a first support around 1.0104, that once broken could give more bullish momentum to the pair, first to the zone around 1.0120 and then 1.0158. Supports from here will be at 1.0072, 1.0049 and finally 1.0006.
Read More...Filed under: Forex Advisor
Latest Posts
- US stocks gain on Mortgage data. ECB and BOE today
- EUR/USD Daily Outlook
- Daily Market Outlook
- After a rollercoaster day, the Dow finished higher.
- Forex News: "FXDD Today" gives a recap of today and preview of …
- Yen Crosses: Significant Lows in Place? - Forex Trading, Currency …
- The Risks Ahead
- TopForex.info » Flexible Forex Trading In Action | Forex Income …
- ISM Non-Manufacturing Index Plunges to Record Low
- USD, JPY Drift Lower, RBA Cuts
- New York Session
- U.S. Forex Market Commentary
- U.S. Forex Market Commentary
- Currency Pair Overview - Forex Trading, Currency Forecast, FX …
- Daily Forex Signal
No Comments! Be The First!