Support and resistance levels drawn based on End-Of-day Close (forex pairs based on GMT+3, XAUUSD GMT+2). Pairs are USDJPY, XAUUSD, NZDUSD, EURUSD, AUDUSD, USDSGD, USDCHF and USDCNH. Charts from MT4.
A quick look at AUDUSD chart which is now sitting on a significant potential support and with RBA cash rate and statement in mere minutes. Additionally I share an article on Chinese on-the-ground reaction to tariff on US pork imports.
Compilation of end-2018 forecasts for EURUSD, USDSGD, AUDUSD, USDJPY and GBPUSD from sources.
A look at Dollar Index DXY, EURUSD, AUDUSD, NZDUSD, GBPUSD, WTI and XAUUSD. A common theme – a turning point could be showing up soon seeing how these pairs might be at support.
AUD and NZD pairs show recurring, high probability levels on weekly charts, and have a lot of significance because of duration and number of hits.
Based on chart pattern projection and inspection of previous support resistance levels, these are potential targets for EURUSD, AUDUSD, NZDUSD and USDJPY.
EURUSD, AUDUSD and NZDUSD print new 52-week highs, USDCAD new 52-week low to mark their strengthening against USD; terminates previous year-year trend.