Daily Forex News
#1
Technical Overview of GBP/USD, AUD/USD and USD/JPY Currency Pairs
 
GBP USD

The GBP traded higher against the USD and closed at 1.2843.

 
Retail Sales m/m reflect a change in the US retail sails in the reported month compared to the previous one. The indicator is calculated based on statistics received from 5,000 retail stores of different types and sizes, and the data are then extrapolated to the whole country.
 
The indicator is used for estimating inflation. Its growth may have a positive effect on dollar quotes.
 
According to the Analysis, The pair is expected to find support at 1.28052, and a fall through could take it to the next support level of 1.27675. The pair is expected to find its first resistance at 1.29183, and a rise through could take it to the next resistance level of 1.29937.
 
Previous Day range was 113.1 and Current Day Range is 24.9.
 

AUD USD


The AUD traded higher against the USD and closed at 0.7088.

 
Initial Jobless Claims show the number of people filing to receive unemployment insurance benefits for the first time over the past week.
 
The indicator is used to assess the state of the labor market. Since the weekly flow of data causes high volatility, the four-week average values are used most often for interpretation.
The indicator growth can have a negative effect on US dollar quotes.
 
The pair is expected to find support at 0.70703, and a fall through could take it to the next support level of 0.70531. The pair is expected to find its first resistance at 0.71205, and a rise through could take it to the next resistance level of 0.71535.
 
AUD USD previous Day range was 50.2 and Current Day Range is 35.5.
 
USD JPY

The USD traded higher against JPY and closed at 111.

 
Gross Domestic Product (GDP) q/q reflects the monetary value of all goods and services produced in Japan during a given quarter compared to the previous one. The calculation takes into account private consumption, government spending, the costs of all enterprises and net exports of the country.
GDP growth can have a positive effect on yen quotes.
 
According to the analysis, pair is expected to find support at 110.599, and a fall through could take it to the next support level of 110.197. The pair is expected to find its first resistance at 111.226, and a rise through could take it to the next resistance level of 111.451.
 
USD JPY previous day range was 6270 and current day range is 2550.
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Messages In This Thread
Daily Forex News - by xtreamforex - 02-14-2019, 11:05 AM
Re: Daily Forex News - by xtreamforex - 04-22-2019, 09:56 AM
RE: Daily Forex News - by xtreamforex - 04-23-2019, 12:19 PM
RE: Daily Forex News - by xtreamforex - 08-05-2019, 06:31 AM
RE: Daily Forex News - by xtreamforex - 08-06-2019, 08:54 AM
RE: Daily Forex News - by xtreamforex - 08-08-2019, 09:24 AM
RE: Daily Forex News - by xtreamforex - 08-09-2019, 06:21 AM
RE: Daily Forex News - by xtreamforex - 08-14-2019, 06:07 AM
RE: Daily Forex News - by xtreamforex - 08-15-2019, 06:28 AM
RE: Daily Forex News - by xtreamforex - 08-20-2019, 06:00 AM
RE: Daily Forex News - by xtreamforex - 08-27-2019, 07:27 AM
RE: Daily Forex News - by xtreamforex - 08-28-2019, 06:33 AM
RE: Daily Forex News - by xtreamforex - 08-30-2019, 05:55 AM
RE: Daily Forex News - by xtreamforex - 09-05-2019, 12:07 PM
RE: Daily Forex News - by xtreamforex - 09-09-2019, 08:00 AM
RE: Daily Forex News - by xtreamforex - 09-10-2019, 08:02 AM
RE: Daily Forex News - by xtreamforex - 09-11-2019, 07:55 AM
RE: Daily Forex News - by xtreamforex - 09-26-2019, 09:17 AM
RE: Daily Forex News - by xtreamforex - 09-27-2019, 09:26 AM
RE: Daily Forex News - by xtreamforex - 09-30-2019, 09:08 AM
RE: Daily Forex News - by xtreamforex - 10-01-2019, 07:24 AM
RE: Daily Forex News - by xtreamforex - 10-02-2019, 09:38 AM
RE: Daily Forex News - by xtreamforex - 10-04-2019, 08:36 AM
RE: Daily Forex News - by xtreamforex - 10-09-2019, 11:13 AM
RE: Daily Forex News - by xtreamforex - 10-16-2019, 10:29 AM
RE: Daily Forex News - by xtreamforex - 10-21-2019, 08:41 AM
RE: Daily Forex News - by xtreamforex - 10-22-2019, 11:24 AM
RE: Daily Forex News - by xtreamforex - 11-15-2019, 09:28 AM
RE: Daily Forex News - by xtreamforex - 11-22-2019, 08:40 AM
RE: Daily Forex News - by xtreamforex - 11-26-2019, 09:30 AM
RE: Daily Forex News - by xtreamforex - 12-06-2019, 09:24 AM
RE: Daily Forex News - by xtreamforex - 12-27-2019, 09:28 AM
RE: Daily Forex News - by xtreamforex - 12-30-2019, 10:50 AM
RE: Daily Forex News - by xtreamforex - 01-07-2020, 12:05 PM
RE: Daily Forex News - by xtreamforex - 01-15-2020, 11:29 AM
RE: Daily Forex News - by xtreamforex - 01-21-2020, 09:43 AM
RE: Daily Forex News - by OliverM - 05-06-2020, 06:39 AM
RE: Daily Forex News - by xtreamforex - 08-03-2020, 10:45 AM

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