EUR/USD

The EUR/USD is currently at our support area (1.1180), and there seems to be a potential for breaking through this area. We wait for Price Action to show us who is in control of price.


GBP/USD

The GBP/USD showed signs of indecision at the Resistance Area (1.4640), this was confirmed after price moved down, but the latest candle shows indecision again so it is very likely that price will go back to to the Resistance Area, either after hitting the Support Area (1.4400) or just above it.


AUD/USD

The AUD/USD is currently stuck at the Intraday S/R Area at 0.7250, we expect price to push down further to Support (0.7120).


USD/JPY

The USD/JPY is currently in between our Support (108.10) and Resistance (105.90), we await further Price Action.

As always our analysis is not intended to be definitive, please use your due diligence before entering any trades.


Trading CFDs, Spread Bets and Foreign Exchange carries a high level of risk to your capital with the possibility of losing more than your initial investment and may not be suitable for everyone. Ensure you fully understand the risks involved and seek independent advice if necessary.

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