News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • The Australian Dollar’s losses against its major counterparts may prove short-lived, as a series of bullish technical setups begin to take shape on multiple AUD crosses. Get your $AUD market update from @DanielGMoss here:https://t.co/kRtix2AW32 https://t.co/giuKDqh1Zi
  • Wall Street Futures Update: Dow Jones (+0.01%) S&P 500 (-0.06%) Nasdaq 100 (-0.3%) -BBG
  • A late-season cold snap in the United States is driving natural gas prices higher this week but will it last? Find out from @FxWestwater here:https://t.co/yMOBLPcSFU https://t.co/aa0s2x0Kce
  • 7 out of 11 S&P 500 sectors ended lower, with 63% of the index’s constituents closing in the red. Energy (-2.66%), financials (-1.81%) and consumer discretionary (-1.22%) underperformed, while defensive-linked utilities (+1.32%) and real estate (+1.12%) outperformed. https://t.co/OkTMeRjfjH
  • 🇳🇿 Inflation Rate QoQ (Q1) Actual: 0.8% Expected: 0.7% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2021-04-20
  • 🇳🇿 Inflation Rate YoY (Q1) Actual: 1.5% Expected: 1.4% Previous: 1.4% https://www.dailyfx.com/economic-calendar#2021-04-20
  • The Canadian Dollar recently weakened against some of its major counterparts. USD/CAD is eyeing key support, with GBP/CAD looking to extend gains. CAD/JPY may bounce next. Get your market update from @ddubrovskyFX here:https://t.co/v9Y6A50NdV https://t.co/3WXFSUMwb6
  • Heads Up:🇳🇿 Inflation Rate QoQ (Q1) due at 22:45 GMT (15min) Expected: 0.7% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2021-04-20
  • Heads Up:🇳🇿 Inflation Rate YoY (Q1) due at 22:45 GMT (15min) Expected: 1.4% Previous: 1.4% https://www.dailyfx.com/economic-calendar#2021-04-20
  • US 10-Year Treasury yields eyeing a retest of key support at 1.53 after backtesting the neckline of the Head and Shoulders pattern carved out in March. Implied measured move to 1.42 is the next stop if 1.53 gives way #US10Y https://t.co/pS2rQycU6s https://t.co/bKWi72ja6q
EUR/GBP Technical Analysis: Range Resistance in Play

EUR/GBP Technical Analysis: Range Resistance in Play

Ilya Spivak, Head Strategist, APAC

EUR/GBP Technical Analysis – Prices bounced from rising trend line support set from early May (0.8495) to challenge near-term resistance is at 0.8575.A break above that eyes swing highs in the 0.8598-0.8636 area. Trend line support is now at 0.8498, with a push beneath that aiming for the recent range bottom at 0.8409.

dailyclassics_eur-chf_body_Picture_8.png, EUR/GBP Technical Analysis: Range Resistance in Play

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES