EUR/USD Current price: 1.3109
View Live Chart for the EUR/USDContinuing off of the bounce of 1.3040 support, EURUSD has room to advance towards 1.3200. Supportive of the notion is the close above the yesterday’s 1.3089 session high. Any retracement is likely to see stiff support at 1.3050.
Support Levels 1.2943 1.2980 1.3047
Resistance Levels 1.3151 1.3188 1.3255
GBP/USD Current price: 1.6105
View Live Chart for the GBP/USD (Select the currency)Firmly establishing support via the 1.6065 figure, GBPUSD advanced and close above the 1.6100 psychological figure. The setup opens the door for a move to 1.6200, en route to a 1.6300 round figure test. Any converse retracement will be met by formidable support via the 1.6065 figure.
Support Levels 1.5952 1.5986 1.6051
Resistance Levels 1.6150 1.6184 1.6249
USD/JPY Current price: 87.42
View Live Chart for the USD/JPY (select the currency)Failing to close above 88.00 round figure resistance, USDJPY looks set for another leg lower amid fundamental drivers. As a result, a retracement to 86.75 support isn’t all too far from plausible. Upside momentum should be held at bay by 88.25.
Support Levels 86.70 87.16 87.46
Resistance Levels 88.21 88.67 88.97
AUD/USD Current price: 1.0490
View Live Chart for the AUD/USD (Select the currency)Stalling ahead of 1.0525 resistance, AUDUSD looks set to continue higher towards the resistance at 1.0560. The barrier is being reinforced by 1.0600 round figure resistance, which should act as a turning point for bulls. Near term downside remains minimized by the 1.0425 figure.
Support Levels 1.0421 1.0442 1.0473
Resistance Levels 1.0525 1.0546 1.0577
New to Forex? Visit our Glossary!
Today's new term, Oops! Pattern.
Recommended Content
Editors’ Picks
AUD/USD: The hunt for the 0.7000 hurdle
AUD/USD quickly left behind Wednesday’s strong pullback and rose markedly past the 0.6900 barrier on Thursday, boosted by news of fresh stimulus in China as well as renewed weakness in the US Dollar.
EUR/USD refocuses its attention to 1.1200 and above
Rising appetite for the risk-associated assets, the offered stance in the Greenback and Chinese stimulus all contributed to the resurgence of the upside momentum in EUR/USD, which managed to retest the 1.1190 zone on Thursday.
Gold holding at higher ground at around $2,670
Gold breaks to new high of $2,673 on Thursday. Falling interest rates globally, intensifying geopolitical conflicts and heightened Fed easing bets are the main factors.
Bitcoin displays bullish signals amid supportive macroeconomic developments and growing institutional demand
Bitcoin (BTC) trades slightly up, around $64,000 on Thursday, following a rejection from the upper consolidation level of $64,700 the previous day. BTC’s price has been consolidating between $62,000 and $64,700 for the past week.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
Five best Forex brokers in 2024
VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals.