The risk-off sentiment dominates the market at the moment due to headlines that the US tariffs will remain on Chinese imports until November.
The EUR/USD pair is less bullish and looks likely to remain range bound between the 1.1110, and the 1,1145 level. The resistance levels are 1.1145, 1.1169, and 1.1204. The support levels are 1.1110, 1.1083, and 1.1043.
The USD/JPY pair has made a bullish breakout above the key 110.00 level, but looks less bullish at the moment. The resistance levels are 109.95, 110.69, and 112.48. The support levels are 109.18, 109.00, and 108.62,
The GBP/USD pair is facing strong resistance at the bearish trendline and is threatening to break below the 1.30 level. The resistance levels are 1.3015, 1.3090, and 1.3194. The support levels are 1.2870, 1.2822, and 1.2799.
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The EUR/USD pair is less bullish and looks likely to remain range bound between the 1.1110, and the 1,1145 level. The resistance levels are 1.1145, 1.1169, and 1.1204. The support levels are 1.1110, 1.1083, and 1.1043.
The USD/JPY pair has made a bullish breakout above the key 110.00 level, but looks less bullish at the moment. The resistance levels are 109.95, 110.69, and 112.48. The support levels are 109.18, 109.00, and 108.62,
The GBP/USD pair is facing strong resistance at the bearish trendline and is threatening to break below the 1.30 level. The resistance levels are 1.3015, 1.3090, and 1.3194. The support levels are 1.2870, 1.2822, and 1.2799.
© Prabhu for Forex Videos, 2020. | Permalink | No comment | Add to del.icio.us
Post tags: Forex video, news
Feed enhanced by Better Feed from Ozh
Continue reading...