Market analysis from IC Markets

ICmarkets Broker

AUDNZD reversed off its resistance at 1.04992 where it could potentially drop further to 1.05344.

ICmarkets Broker

NZDUSD bounced off its support at 0.66121 where it could potentially rise further to its 0.65580.

ICmarkets Broker

AUDUSD reversed off its resistance at 0.69346 where it could potentially drop further to 0.68963.

ICmarkets Broker

AUDNZD reversed off its resistance at 1.05036 where it could potentially drop further to its 1.04546.

ICmarkets Broker

NZDUSD bounced off its support at 0.65580 where it could potentially rise further to its 0.66121.

ICmarkets Broker

USDCAD bounced off its support at 1.32360 where it could potentially rise further to its 1.33083.

ICmarkets Broker

AUDUSD reversed off its resistance at 0.69029 where it could potentially drop further to its 0.68617.

ICmarkets Broker

AUDNZD is approaching its 1st support at 1.05032 where it could potentially bounce to its resistance at 1st resistance at 1.05870.

ICmarkets Broker

USDCAD is approaching its resistance at 1.33636 where it is could reverse down to its support at 1.33119.

ICmarkets Broker

NZDUSD reversed off its resistance at 0.65597 where it could potentially drop further to its 0.65187.

ICmarkets Broker

AUDUSD reversed off its resistance at 0.69029 where it could potentially drop further to its 0.68617.

ICmarkets Broker

AUDUSD broke past major support where it could potentially fall further to its 1st support at 0.6820.

ICmarkets Broker

USDCAD is approaching its 1st resistance at 1.3431 where it is could reverse down to its 1st support at 1.3364.

ICmarkets Broker

AUDNZD is approaching its 1st support 1.0515 where it could potentially bounce to its 1st resistance at 1.0587.

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AUD/USD: Despite a promising upward gap at the open off daily support at 0.6866, the Australian dollar concluded Monday weaker against its US counterpart, falling to a multi-month low of 0.6848. Amid fresh headlines suggesting India is to impose tariffs on US goods, alongside fears trade tension will continue to hurt the Chinese economy, the AUD/USD registered...

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USDCHF is approaching its resistance at 1.001 where it is could reverse down to its support at 0.9955.

ICmarkets Broker

EURUSD is approaching its 1.1208 where it could potentially bounce to its resistance at 1.1273.

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USDJPY is approaching its resistance at 109.02 where it is could reverse down to its support at 108.00.