NZD/USD Limit Sell at 0.7130

The New Zealand Dollar extended gains above the $0.7050 level as risk appetite returned to the markets.
No major data is due in the NY session morning where traders will take queue from stock markets. The pair could extend gains on a positive Wall Street and ahead of the Reserve Bank of New Zealand’s (RBNZ) interest [...]

(Update) AUD/USD Near Key 0.9172 Resistance

*Update: Order entered at 0.9170. Bias looks quite bullish move stops to break even.
The Aussie rose sharply in the NY session breaking strong resistance levels and clearing stops above the 0.9130 area.
The pair began the morning at 0.9060 and closed higher by 80 pips at 0.9140. Currencies took queue from stock markets which spurred risk [...]

GBP/USD Slumps on Concerns

The Pound fell below the $1.50 level for the first time in a week on the back of weak economic data and as credit rating firms warned on UK’s sovereign rating.
UK’s house price balance came in lower than analysts estimates, at 17% from 34% expected and a previous 31%. The nation’s trade balance reported a [...]

AUD/USD Gains Above 0.9100

Trend:
Weekly : Sideways
Daily: Bullish
Hourly: Bullish
Support & Resistance:
From current levels, 0.9110, the pair finds initial resistance at 0.9130, followed by 0.9172, and 0.9213.
Key support to watch is the 0.9071 where a break of such would open targets to the 0.9057 level, followed by 0.9015 and 0.8983.
Strategy:
Aussie extended gains at the start of the week, [...]

NZD/USD Key Support at 0.6941

Trend:
Weekly : Sideways
Daily: Sideways
Hourly: Bullish
Support & Resistance:
From current levels, 0.7006, the pair finds initial resistance at 0.7030, followed by 0.7060, and 0.7127.
Key support to watch is the 0.6986 where a break of such would open targets to the psychological 0.6943 level, followed by 0.6905 and 0.6870.
Strategy:
NZD/USD rose above the 0.7000 level on renewed [...]

AUD/USD Holds Below Resistance 0.9070

From current levels, 0.9028, the pair finds initial resistance at 0.9046, followed by 0.9070, and 0.9172.

GBP/USD Key Resistance at 1.5181

From current levels, 1.4964, the pair finds initial resistance at 1.4994, followed by 1.5089, and 1.5181.

GBP/USD Plummets to 10 Month Low – Update

From current levels, 1.4885, the pair finds initial resistance at 1.937, followed by 1.4984, and 1.5031.

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