NOK and NZD are the top G10 FX gainers today, up 0.32% and 0.29% vs the dollar while GBP and USD are the top losers. In the Asian equities space, the Nikkei 225 closed -0.59% at 21,062.98, Hang Seng closed 0.02% at 28275.07 and Kospi ended -1.2% at 2067.69. The European equities were trading weaker with the FTSE down -0.16% at 7285.19, DAX down -0.18% at 12077.57, and CAC down -0.23% at 5361.82. In the rates market, global yields were trading weaker; the US 10-year yield was trading at 2.3626% and the Bund 10-year yield trading at -0.113%. In the energy space, the Brent (front month) is trading up (0.72%) for the day at $72.29.
Economic Calendar
10-Year Yields Daily Chart (6-month)
USD-Index Daily Chart (6-month)
Brent Front Month Daily Chart (6-month)
Trade Weighted Basket Hourly (two-week)
Major Currency Pairs
EURUSD Chart (Two-week)
Strategy: Reistance at 1.1262 for 1.1162
Short-term view: EUR/USD below 1.1262 and MACD and RSI are flat, we look for 1.1162 in the short-term. A move above 1.1262 to open 1.1304
Short-term view: EUR/USD below 1.1262 and MACD and RSI are flat, we look for 1.1162 in the short-term. A move above 1.1262 to open 1.1304
GBPUSD Chart (Two-week)
Strategy: Support at 1.2802 for 1.2900
Short-term view: GBP/USD has support at 1.2802, MACD and RSI are looking to bottom out. Hence, we see a bounce to 1.2961. Below 1.2802 to open 1.2750.
Short-term view: GBP/USD has support at 1.2802, MACD and RSI are looking to bottom out. Hence, we see a bounce to 1.2961. Below 1.2802 to open 1.2750.
USDJPY Chart (Two-week)
Strategy: Resistance at 110.00 for 109.15
Short-term view: USD/JPY resistance at 110.00, MACD and RSI are bearish, Hence we see a dip to 109.15 and 108.62. Above 110.00 to open 110.50.
Short-term view: USD/JPY resistance at 110.00, MACD and RSI are bearish, Hence we see a dip to 109.15 and 108.62. Above 110.00 to open 110.50.
AUDUSD Chart (Two-week)
Strategy: Support at 0.6902 for 0.6984
Short-term view: AUD/USD MACD and RSI are improving and support at 0.6902. Hence there is a risk of bounce 0.6984. A move below 0.6902 to open .6877.
Short-term view: AUD/USD MACD and RSI are improving and support at 0.6902. Hence there is a risk of bounce 0.6984. A move below 0.6902 to open .6877.