Against the background of the worsening situation in Italy, the euro lost about 310 points today.
Asian and European trading sessions:
Euro: Euro decreased today during the Asian and European sessions because the hope for resolving the political and debt problems in Italy and Greece were not justified. The EUR/USD pair steeply fell to the area of $1.3605 area.
US Dollar: The US dollar strengthened against the majority of its main competitors, because of the increased demand for “safe-haven” status currencies.
British Pound: The GBP/USD pair fell below the $1.5940 mark.
Japanese Yen: The yen rose against most currencies, despite of the fact that the BOJ promised to weaken its national currency. The USD/JPY pair traded in the Y77.52 - Y77.75 range. Traders continued to see the yen as a safe-haven currency.
American trading session:
The New Zealand dollar: The New Zealand dollar also fell against major currencies after the slowdown in consumer prices and industrial production in China.
US Dollar: The U.S. dollar rose today, because of the increased demand for the safe-haven currency and the declined yield on the 10 - year U.S. bonds.
Gold: Today the December gold futures on the COMEX traded in the range of 1778-1802 USD per ounce.
https://forex-metal.com/news_posts
Technical analysis for 10/11
EURUSD
The pair has reached Fibonacci 50% at 1.35015 and may roll back to 1.35984.
Resistance: 1.35984, 1.37486, 1.38554
Support: 1.34882, 1.33143, 1.31674
GBPUSD
The pair has broken daily channel and may decline to the Moving Average (500) at 1.57826.
Resistance: 1.60322, 1.62050, 1.63316
Support: 1.58543, 1.56722, 1.54842
USDCHF
The pair has broken resistance 0.89635 and reached resistance 0.91079. Now the pair is rolling back.
Resistance: 0.91079, 0.92026, 0.93069
Support: 0.89635, 0.88418, 0.87214
USDJPY
If the pair breaks 77.539 the pair will decline to 76.463.
Resistance: 78.345, 79.070, 79.707
Support: 77.539, 76.463, 75.425
AUDUSD
The pair has declined to the median line which is the support level at 1.00907.
Resistance: 1.01744, 1.02558, 1.03535
Support: 1.00907, 1.00067, 0.99207
https://forex-metal.com/news_posts
Asian and European trading sessions:
Euro: Euro decreased today during the Asian and European sessions because the hope for resolving the political and debt problems in Italy and Greece were not justified. The EUR/USD pair steeply fell to the area of $1.3605 area.
US Dollar: The US dollar strengthened against the majority of its main competitors, because of the increased demand for “safe-haven” status currencies.
British Pound: The GBP/USD pair fell below the $1.5940 mark.
Japanese Yen: The yen rose against most currencies, despite of the fact that the BOJ promised to weaken its national currency. The USD/JPY pair traded in the Y77.52 - Y77.75 range. Traders continued to see the yen as a safe-haven currency.
American trading session:
The New Zealand dollar: The New Zealand dollar also fell against major currencies after the slowdown in consumer prices and industrial production in China.
US Dollar: The U.S. dollar rose today, because of the increased demand for the safe-haven currency and the declined yield on the 10 - year U.S. bonds.
Gold: Today the December gold futures on the COMEX traded in the range of 1778-1802 USD per ounce.
https://forex-metal.com/news_posts
Technical analysis for 10/11
EURUSD
The pair has reached Fibonacci 50% at 1.35015 and may roll back to 1.35984.
Resistance: 1.35984, 1.37486, 1.38554
Support: 1.34882, 1.33143, 1.31674
GBPUSD
The pair has broken daily channel and may decline to the Moving Average (500) at 1.57826.
Resistance: 1.60322, 1.62050, 1.63316
Support: 1.58543, 1.56722, 1.54842
USDCHF
The pair has broken resistance 0.89635 and reached resistance 0.91079. Now the pair is rolling back.
Resistance: 0.91079, 0.92026, 0.93069
Support: 0.89635, 0.88418, 0.87214
USDJPY
If the pair breaks 77.539 the pair will decline to 76.463.
Resistance: 78.345, 79.070, 79.707
Support: 77.539, 76.463, 75.425
AUDUSD
The pair has declined to the median line which is the support level at 1.00907.
Resistance: 1.01744, 1.02558, 1.03535
Support: 1.00907, 1.00067, 0.99207
https://forex-metal.com/news_posts