AUD/USD: trading on the RBA meeting
The Reserve Bank of Australia is expected to cut its Cash Rate from 1.25% to 1% on Tuesday, July 2.
Daily Market Analysis
In-depth technical & fundamental analysis for currencies & commodities
GBP/CHF couldn't break the resistance
Technical analysis of GBP/CHF
AUD/CAD: the range is about to break
AUD/CAD is consolidating in the narrow range between 0.92 and 0.9160 for the fifth day.
AUD/NZD looks vulnerable
AUD/NZD has been forming a series of lower highs since April. This week the pair settled below the 100-day MA at 1.0500.
USD/JPY has been trying to break above the trendline
Technical analysis of USD/JPY
EUR/NZD has turned down
EUR/NZD made a top in June and went down going through the 50-day MA (1.7035) and the support line from March lows.
The decline in USD/ZAR is on
USD/ZAR has recently breached down the support line from February lows.
GBP/USD failed at resistance
The pair will be affected on the intraday basis by British Inflation Report hearings and US durable goods orders.
NZD/CHF is at the important border
Technical analysis of NZD/CHF
Levels to trade EUR/USD
EUR/USD met resistance in the 1.1415 area. The pair’s advance in the recent days was quite rapid, so it might be hard for the euro to retain the bullish momentum.
XAU/USD can make a small correction
After its extensive decline last week, the USD can make a small comeback.
NZD/CHF is in a downtrend
NZD/CHF is trading within a downtrend on D1. The currency pair went below 78.6% at 0.6450 and is likely to test levels around 0.6390/70.
