Market analysis from IC Markets
AUD/USD: Thursday witnessed accelerated downside emerge in the early hours of trade following the release of Australian job’s data. The unemployment rate ticked higher to 5.3% in August compared to the previous month's reading of 5.2%. The AUD/USD maintained an offered tone into London’s open, with price turning higher and whipsawing through 0.68 to the underside...
USDNOK reversed off its resistance at 9.01000 where it could potentially drop further to 8.80785. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD to reverse from its downside confirmation at 1.32900 where it could potentially drop further to 1.32330. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD reversed off its resistance at 0.63220 where it could potentially drop further to 0.62700. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD reversed off its resistance at 0.68300 where it could potentially drop further to 0.67615. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD bounced off 1.32350 where it could potentially rise further to 1.32900. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD bounced off 0.63390 where it could potentially rise further to 0.63700. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
AUDUSD reversed off its resistance at 0.68700 where it could potentially drop further to 0.68325. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY is approaching its resistance at 81.717 where it is could reverse down to its support at 80.250. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks. say we expect price to rise up to 1st resistance where it could potentially react off and drop down to 1st support
USDCAD bounced off 1.32350 where it could potentially rise further to 1.32900. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDUSD reversed off its resistance at 0.63360 where it could potentially drop further to 0.62700. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY reversed off its resistance at 81.624 where it could potentially drop further to 80.250. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD bounced off 1.32234 where it could potentially rise further to 1.32900. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDNOK reversed off its resistance at 9.01000 where it could potentially drop further to 8.80785. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
CADJPY reversed off its resistance at 81.417 where it could potentially drop further to 80.250. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.