Posts Tagged Forex

Forex Trading – USD/CHF

Forex Trading – USD/CHF

 

During the trading hours yesterday, the US dollar was in range 0.8770 – 0.8875 CHF. This morning the currency pair is trading at 0.8830-0.8850.

According to Forex analyses, if US dollar breaks the resistance levels at 0.8850-0.8870 CHF, the aim will be reaching and testing the zone 0.8890-0.8905 CHF. If it is successful, the upward trend will continue to 0.8920-0.8940 CHF.

If USD drops below the support levels at 0.8830-0.8815 CHF, it will try to find a next support at 0.8790-0.8770 CHF. In case of breaking down, the downward trend will continue to 0.8750-0.8720 CHF.

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Forex Trading – AUD/USD

Forex Trading – AUD/USD

During the trading hours yesterday, the Australian dollar was in range 1.0335-1.0405 USD. This morning the currency pair is trading at 1.0310-1.0350.

According to Forex analyses, if Australian dollar breaks the resistance levels at 1.0335-1.0350 USD, the aim will be reaching and testing the zone 1.0370-1.0390 USD. If it is successful, the upward trend will continue to 1.0410-1.0425 USD.

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If AUD  drops below the support levels at 1.0310-1.0290 USD, it will try to find a next support at 1.0265-1.0245  USD. In case of breaking down, the downward trend will continue to 1.0225-1.0205 USD.

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Forex Trading – USD/CAD

Forex Trading – USD/CAD

During the trading hours yesterday, the US dollar was in range 0.9745 – 0.9825 CAD. This morning the currency pair is trading at 0.9800-0.9820.

According to Forex  analyses, if US dollar breaks the resistance levels at 0.9810-0.9825 CAD, the aim will be reaching and testing the zone 0.9840-0.9860  CAD. If it is successful, the upward trend will continue to 0.9875-0.9895 CAD.

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If USD drops below the support levels at 0.9800-0.9775  CAD, it will try to find a next support at 0.9745-0.9725 CAD. In case of breaking down, the downward trend will continue to 0.9705-0.9690 CAD.

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Forex Trading – EUR/USD

Forex Trading – EUR/USD

Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1.4175-1.4245 USD.  This morning the currency pair is trading at 1.4160-1.4180.  According to Forex analyses, if euro breaks the resistance levels at 1.4180-1.4200 USD, the aim will be reaching and testing the zone 1.4225-1.4245  USD. If it is successful, the upward trend will continue to 1.4270-1.4300 USD. If euro drops below the support levels at 1.4160-1.4140 USD, it will try to find a next support at 1.4120-1.4100 USD. In case of breaking down, the downward trend will continue to 1.4075-1.4050 USD.

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Forex – Spot Gold

Forex – Spot Gold

During the trading hours yesterday, the spot Gold was in range 1405.00-1429.15 USD. This morning the precious metal is trading at 1426.15-1429.15 USD.

According to Forex analyses, if spot Gold breaks the resistance levels at 1429.15-1431.55  USD, the aim will be reaching and testing the zone 1434.60-1436.80 USD. If it is successful, the upward trend will continue to 1439.10-1441.25 USD.

If the precious metal drops below the support levels at 1426.15-1424.60  USD, it will try to find a next support at 1422.55-1420.00 USD. In case of breaking down, the downward trend will continue to 1417.35-1414.65 USD.

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