Live Chat
Live Chat

EURJPY rebounded as the stock market stabilizes


EURUSD Pair
EURUSD around similar level from yesterday despite the overnight dips down to 1.1591 but rebounded after Merkel compromised with her Bavarian sister party to avoid split of 2 parties. Overall market remain cautious and cross activities still driven the move. Today Eurozone PPI and retail sales as well as US data will have small intraday impact and tomorrow US holiday a more position adjustment more likely. Support at 1.1600 and resistance at 1.1670, still to prefer in range trading with tight stop strategy.

USDJPY Pair
USDJPY grids up further on slightly rising of UST yield as well as some YEN cross short covering after Shanghi stock market stabilize despite Nikkei remain lower. Today US data and stock/bond market move will have some intraday impact. Support at 110.80 and resistance at 111.20, current level to prefer in range trading with tight stop strategy.

GBPUSD Pair
GBPUSD around similar level from yesterday and Brexit worries remain capping any topside. Today UK Construction PMI as well as US data will have some intraday impact. Support at 1.4070 and resistance at 1.3200, still to prefer keeping sell on rallies with tight stop strategy.

USDCHF Pair
USDCHF grids up on broad USD rebound and also with some indirectly support from higher EURCHF cross effect. Today US data and stock/bond market move will have some intraday impact. Support at 0.9890-00 and resistance at 0.9970-80 region, current level to prefer in range trading with tight stop strategy.

EURJPY Pair
EURJPY rebounded on stabilizing stock market and some short covering ahead of tomorrow US holiday effect. Today US data and stock/bond market will have some intraday impact. Support at 128.75 and resistance at 129.50, still to prefer in range trading with tight stop strategy.

EURGBP Pair
EURGBP grids up on some relief from Merkel’s coalition party and driven broad EUR cross short covering. Market remain to worry for Brexit issue and today UK Construction PMI, Eurozone PPI and Retail Sales will have some intraday impact. Support at 0.8840-50 and resistance at 0.8900-10, still to prefer buy on dips with tight stop strategy.

Gold Bars
GOLD dips down to 1238.05 early with solid demand at lower side which driven some short covering in early London morning. Today US data and stock/bond market move will have some intraday impact and more position adjustment ahead of tomorrow US holiday to be more likely. Support at 1238 and resistance at 1250, still to prefer in range trading with firm bias today.

Silver Bars
Silver around similar level from yesterday and overall in tight move ahead of US tomorrow holiday. Today Silver remain following the GOLD and broad USD move and later US data, stock/bond market move will also have some intraday impact. Support at 15.80 and resistance at 16.25, still to prefer in range trading with tight stop strategy.


Hantec Global

Ready to start trading?

Open an Account Try Demo

  • Archive

  • Topics

Why Hantec Global?

Become a partner