AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, & S&P 500
Overview:
Watch the video for the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, USD Index, Gold, and S&P 500.
USD strongly advanced after Fed Powell’s speech in the early morning indicated that interest rates are likely to be higher than expected.
Read the updated analysis below:
- AUDJPY closed below the 90.51 monthly support level.
- AUDUSD closed below the 0.6629 weekly support level.
- EURJPY reversed at last month’s high. A day down today will confirm a lower top signalling a reversal.
- EURUSD reversed and closed below the 1.0600 level.
- GBPJPY closed below the 163.03 weekly support level.
- GBPUSD closed below the 1.1841 weekly support level.
- NZDJPY closed below the 84.00 level.
- NZDUSD closed below the 0.6131 daily support level.
- USDCAD advanced breaking above the 1.3705 weekly resistance level.
- USDCHF advanced closing above the 0.9408 weekly resistance level.
- USDJPY advanced closing above the 137.08 daily resistance level.
- USD Index advanced and tested the 105.69 weekly resistance level.
- Gold declined and closed just above the 1807 weekly support level.
- S&P 500 declined and closed back below the 4000 level.
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