EURUSD and AUDUSD will convergence, so EURAUD will rise.
EURUSD uptrend unchanged. EURUSD touch 1.2177 last week and then fell back. It closed at 1.2121 on Friday, still above the 1.2100 integer. The uptrend unchanged, it is recommended when price fall back above on the support buy EURUSD in batches.
The U.S. Dollar Index was still weak last week, falling below the 92 integer, and trend is still downward in the future.
The New Zealand dollar is the strongest currency in the past three months. It fell back after reaching 0.7104 at the highest level last week. It closed at 0.7035 on Friday, still above the 0.7 integer. By technical analysis, NZDUSD is still in the ascending channel. It is recommended that when the price falls back to support, buy NZDUSD.
Recently, the global market has obvious risk sentiment. The rise in securities indexes and commodity prices, especially the rapid rise in copper prices, has led to the appreciation of commodity currencies. Therefore, fundamentals have helped the Australian dollar to appreciate. By technical analysis, AUDUSD is still in the ascending channel. It is recommended...
GBPUSD
EURUSD faces the 1.21 integer mark above At present, the EURUSD is in the form of "Orange Up channel" , and the resistance at the 1.21 integer mark above is waiting for the chart to break out. Two paths 1. Blue dotted line - Can support above 1.2050, shock upward and break through 1.21 2. Orange dotted line - Fall to Up channel lower position about 1.2 above,...
BTCUSD Long-Term Trend up. Currently facing resistance at the high of $20,000 before December 2017, it should first fall to support and then break through the important resistance of $20,000. According to Fibonacci technical analysis: the March 2020 low of $3,850 and the recent high of $19,918 do Fibonacci extension forecast, there is a chance to rise to $30,000.
GBPUSD plummeted by more than 100 points, it is a great opportunity to into the market and go long Earlier: The EU’s chief Brexit negotiator said that there may not be a post-Brexit agreement, and the GBPUSD fell more than 100 points in the short term. At present, it is still above supporting 1.3340 and above the supporting trend line (orange) below. It is...
The EURUSD has now stabilized above the 1.19 round and closed near 1.1960 on Friday. The upward trend of the pattern is upwards, facing the 1.20 integer mark at the top, and will break upward after shocks.
The GBPUSD closed above the 1.3300 round on Friday, and the overall trend is still upward. Pay attention to the 1.3300 round support. If the US dollar index continues to weaken and non-US currencies such as the euro rise, the GBPUSD will still move upward along the yellow trend line.
NZDUSD is above the 0.7 integer support, and it is the strongest currency in the near future. It may fall back to near the 0.7 integer in the short term, and then continue to rise. In the near future, look at 0.7080-0.7100.
EURUSD still has a chance to oscillate up to the 1.20 integer mark in the future.
GBPUSD faces the 1.34 integer mark above and needs to be break out. At present, the pound sterling is in the form of "Ascending triangle" (the lower low is gradually raised), and the resistance at the 1.34 integer mark above is waiting for the chart to break out. Two paths 1. Blue dotted line - Can support above 1.3370, shock upward and break through 1.34. 2....
AUDUSD is currently above the support of 0.7360, and the upper 0.74 integer resistance needs to be broken upwards. The overall trend is still multilateral, especially the NZDUSD to rise, AUDUSD is expected to continue to keep up in the future, it is recommended to take the fall back support as the main operation.
In a convergent state for a long time, it should reverse upward.
The U.S. Dollar Index bottomed above the integer 92, and there is a chance to oscillate higher, so the EURUSD fluctuated slowly down trend.