Forex Videos

The stock markets around the world are seeing a sell-off due to the Coronavirus fears. The US dollar is looking bullish, while the Australian dollar, and the New Zealand dollar are looking bearish.

The EUR/USD pair looks slightly bearish and is trading below the resistance level at 1.1039. The 1.10 level looks pivotal at the moment. The resistance levels are 1.1039, 111, and 1.1119. The support levels are 1.0993, 1.0966, and 1.0941.

The USD/JPY pair is range bound and is trading below the 109.23 level. The risk-off sentiment is dominating the market at the moment and is causing the investments to flow into yen. The resistance levels are 109.23, 109.74, and 110.07. The support levels are 108.62, 108.27, and 107.78.

The GBP/USD pair is looking slightly bearish below the 1.3033 level and has found support at the ascending trendline. The resistance levels are 1.3033, 1.3037, and 1.3080. The support levels are 1.2870, 1.2822, and 1.2799.