Overall, USD/JPY is ranging across. Recently, USD/JPY broke below the key level of 115.s USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the resistance zone of 1.12000. The eurozone CPI flash estimate y/y data will be released later at 1800 (GMT+8). CPI Flash Estimate y/y (Forecast: 5.6%, Previous: 5.1%) Core CPI Flash Estimate y/y (Forecast: 2.6%, Previous: 2.3%) EUR/USD’s next support zone is at 1.11000 and the next resistance...
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. The Canadian GDP m/m data (Actual: 0.0%, Forecast: 0.0%, Previous: 0.6%) released yesterday indicated no change in economic growth during last December. The Bank of Canada (BoC) will be announcing their monetary policy decision later at 2300 (GMT+8). It is expected that the...
Overall, USD/JPY is ranging across. Currently, USD/JPY is bouncing up from the key level of 115. Its next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
Overall, AUD/USD is trending upwards. The Australian Retail Sales m/m data (Actual: 1.8%, Forecast: TBA, Previous: -4.4%) released yesterday indicated an increase in consumer spending. The Reserve Bank of Australia (RBA) will be announcing their monetary policy decision later at 1130 (GMT+8). It is expected that the central bank will keep interest rate unchanged...
Gold is overall in upward trend, Currently we can expect a short term selling opportunities in Gold.
Overall, USD/CAD is ranging across. Recently, USD/CAD broke below the key level of 1.27. The Canadian CPI m/m data (Actual: 0.9%, Forecast: 0.6%, Previous: -0.1%) released yesterday indicated a strong rise in inflation in January. USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200. Look for short-term buying opportunities of USD/CAD.
Overall, USD/JPY is trending upwards. USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
Overall, EUR/JPY is ranging across. Recently, EUR/JPY traded into the resistance zone of 131.500. The eurozone ZEW Economic Sentiment data (Actual: 48.6, Forecast: 54.4, Previous: 49.4) released yesterday indicated a further decline in the surveyed investors and analysts’ sentiment on the economic outlook for eurozone. The eurozone flash employment change q/q...
Overall, GBP/USD is ranging across. Recently, GBP/USD bounced up from the key level of 1.35. The UK employment data released yesterday indicated continued decline in the number of people claiming for unemployment benefits in February. Meanwhile, average earnings rose while unemployment rate remained unchanged. Average Earnings Index 3m/y (Actual: 4.3%, Forecast:...
Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 156.000. The UK employment data released yesterday indicated continued decline in the number of people claiming for unemployment benefits in February. Meanwhile, average earnings rose while unemployment rate remained unchanged. Average Earnings Index 3m/y (Actual: 4.3%,...
Overall, NZD/USD is trending downwards. Recently, NZD/USD bounced off the resistance zone of 0.67100. The New Zealand Inflation Expectations q/q data (Actual: 3.27%, Forecast: NA, Previous: 2.96%) released last Friday indicated a higher level of inflation expectation from the Reserve Bank of New Zealand. NZD/USD’s next support zone is at 0.65400 and the next...
Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800. The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending. The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8). GBP/JPY’s...
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200. Look for short-term buying opportunities of USD/CAD.
Overall, AUD/USD is ranging across. Recently, AUD/USD broke the support zone of 0.71000. AUD/USD’s next support zone is at 0.68200 and the next resistance zone is at 0.71000. Look for short-term selling opportunities of AUD/USD.
Overall, EUR/USD is trending downwards. Recently, EUR/USD broke the support zone of 1.12000. EUR/USD’s next support zone is at 1.12000 and the next resistance zone is at 1.13800. Look for short-term selling opportunities of EUR/USD.
Overall, GBP/USD is ranging across. Recently, GBP/USD trended into the support zone of 1.13800. Currently, GBP/USD is testing the support zone of 1.33800 and the next resistance zone is at 1.36000. Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.33800.
Overall, NZD/USD is ranging across. Recently, NZD/USD rejected the resistance zone of 0.67100 after the hawkish tone delivered by the U.S. FOMC. The New Zealand CPI q/q data (Actual: 1.4%, Forecast: 1.3%, Previous: 2.2%) released earlier today indicated a slowdown in the pace of inflation during the fourth quarter of 2021. NZD/USD’s next support zone is at...