Forex Morning Briefing, Major Pairs
$DXY, $EUR, $JPY, $GBP, $AUD
Commentary: Nothing New. PE
EUR (Euro) at 1.1850 down from 1.1878 to 1.1825, within the uptrend targeting 1.1950+. Intra-day support at 1.1825 and at 1.1800. Longs preferred in here.
US Dollar (.DXY) Index at 92.96 hit my target and possible to break below 1st support near that mark, which may and may not break easily.
USD/JPY at 112.08 drifted lower, trying to break below 112.00, see 111.80 then 111.50. Appears ranged between 111.50-113.00 medium term.
EUR/JPY at 132.85 has good support at 132.50, which can push the Cross up towards 134+. Let us look to see this happen
Sterling (GBP) a 1.3275 has been up over the last few days, coming close to target at 1.33. Long-term resistance seen in the 1.34-45 zone.
USD/CNY at 6.5805 could come down more towards 6.55 over the next few days, which might be a good mark bounce from.
Have a terrific weekend.