Market analysis from IC Markets

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AUDUSD to climb from its upside confirmation at 0.70810 where it could potentially bounce further to 0.71250. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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NZDUSD is expected to drop to 1st support at 0.67647 where it could potentially react off and up to 1st resistance at 0.68074. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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USDJPY bounced off its support at 107.610 where it could potentially rise further to 107.950. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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USDCHF bounced off its support at 0.98527 where it could potentially rise further to 0.98728. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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USDCAD to reverse from its downside confirmation at 1.30382 where it could potentially drop further to 1.30209. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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NZDUSD expected to rise up to 1st resistance at 0.67661 where it could potentially react off and drop down to 1st support at 0.67019. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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AUDCAD is expected to drop to 1st support at 0.91863 where it could potentially react off and up to 1st resistance at 0.91334. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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USDCHF reversed off its resistance at 0.99062 where it could potentially drop further to 0.98728. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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AUDUSD to reverse from its downside confirmation at 0.70112 where it could potentially drop further to 0.70095. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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GBPUSD is expected to drop to 1st support at 1.23753 where it could potentially react off and up to 1st resistance at 1.24503. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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USD/CAD: Upbeat US retail sales figures, coupled with WTI prices slipping lower for a second consecutive day, the USD/CAD chalked up its second consecutive gain Tuesday, up 0.30%. H4 Quasimodo support at 1.3028, as you can see, continued to cap downside yesterday and propelled price action beyond July’s opening level at 1.3087 to highs seen just south of 1.31....

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AUDCHF expected to rise up to 1st resistance at 0.69469 where it could potentially react off and drop down to 1st support at 0.69045. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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USDCAD bounced off its support at 1.30468 where it could potentially rise further to 1.30828. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

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NZDUSD to climb from its upside confirmation at 0.67264 where it could potentially bounce further to 0.67575. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

ICmarkets Broker

AUDUSD to reverse from its upside confirmation at 0.70465 where it could potentially drop further to 0.70147.. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

ICmarkets Broker

AUDJPY bounced off its support at 75.904 where it could potentially rise further to 76.270. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

ICmarkets Broker

USDCHF bounced off its support at 0.98431 where it could potentially rise further to 0.98743. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

ICmarkets Broker

AUDUSD expected to rise up to 1st resistance at 0.70465 where it could potentially react off and drop down to 1st support at 0.70254. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.