Abstract:Check Below the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD Index, Gold, and S&P 500.
Check Below the key trading levels for AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDJPY, USD Index, Gold, and S&P 500.
As USD further declined after a weaker US PPI and Core PPI data release.
Let's Read the updated analysis below:
• AUDJPY closed below the 94.00 level. A further lower top may form to confirm the next decline.
• AUDUSD advanced and tested 0.6767 the 62% fib retracement level of the monthly range.
• EURJPY rallied and failed at the 145.49 daily resistance level. A further lower top may form to confirm the next decline.
• EURUSD false broke the 1.0368 weekly resistance level and closed just above the 1.0340 monthly resistance level.
• GBPJPY rallied and failed at the 165.71 daily resistance level. A further lower top may form to confirm the next decline.
• GBPUSD advanced and tested the 1.1958 monthly resistance level.
• NZDJPY rallied and tested the 86.00 level. A lower top may form to confirm the next decline.
• NZDUSD advanced and tested the 0.6204 monthly resistance level.
• USDCAD declined and tested the 1.3223 weekly support level.
• USDJPY declined and closed below the 139.38 weekly support level.
• USD Index continued to decline closing above the 106.00 level.
• Gold advanced and tested the 1786 weekly resistance level.
• S&P 500 advanced and tested 4004 the 62% fib retracement level of the monthly range.
But it's always important for traders to note that, the content provided above are meant to act as a guide not a complete representation of how the market or assurance on how the market will be, therefore WikiFx can not be liable for any errors or losses arising as a result of the above information.
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