Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Weekly Forex Market Forecasts For November 6th – November 10th

Published 11/06/2017, 03:54 AM
Updated 07/09/2023, 06:31 AM

Key Fundamental Forex Events and Forecasts for the Coming Week

The following table lists the key economic data and other events that are due out during the week of November 6th – November 10th, with release times displayed for the GMT time zone.

The list also includes the current market consensus forecast for each event and indicates what sort of deviation might affect the forex market valuation of the indicated currency positively.

Technical Forecast and Levels to Watch for the Majors This Week

Sunday, November 5th

8:00am CAD Daylight Saving Time Shift

8:00am USD Daylight Saving Time Shift

Monday, November 6th

12:50am JPY Monetary Policy Meeting Minutes (hawkish = good for currency)

1:00am AUD MI Inflation Gauge (last 0.3%, > good for currency)

1:00am NZD ANZ Commodity Prices (last 0.8%, > good for currency)

1:30am AUD ANZ Job Advertisements (last 0.0%, > good for currency)

3:00am NZD Inflation Expectations (last 2.1%, > good for currency)

Tentative JPY BOJ Governor Kuroda speaks (hawkish = good for currency)

8:00am EUR German Factory Orders (-1.0% expected, > good for currency)

9:15am CHF CPI (0.1% expected, > good for currency)

9:15am EUR Spanish Services PMI (55.7 expected, > good for currency)

9:45am EUR Italian Services PMI (53.1 expected, > good for currency)

9:50am EUR French Final Services PMI (57.4 expected, > good for currency)

9:55am EUR German Final Services PMI (55.2 expected, > good for currency)

10:00am EUR EZ Final Services PMI (54.9 expected, > good for currency)

10:30am EUR EZ Sentix Investor Confidence (31.2 expected, > good for currency)

11:00am EUR EZ PPI (0.4% expected, > good for currency)

All Day EUR Eurogroup Meetings (hawkish = good for currency)

4:00pm CAD Ivey PMI (60.2 expected, > good for currency)

6:10pm USD FOMC Member Dudley speaks (hawkish = good for currency)

Tentative USD Loan Officer Survey (hawkish = good for currency)

11:30pm AUD AIG Construction Index (last 54.7, > good for currency)

Tuesday, November 7th

1:00am JPY Average Cash Earnings (0.6% expected, > good for currency)

1:01am GBP BRC Retail Sales Monitor (last 1.9%, > good for currency)

4:30am AUD Cash Rate (1.50% expected, > good for currency)

4:30am AUD RBA Rate Statement (hawkish = good for currency)

8:00am EUR German Industrial Production (-0.7% expected, > good for currency)

8:45am EUR French Governor Budget Balance (last -93.0B, > good for currency)

9:00am CHF Foreign Currency Reserves (last 724B, > good for currency)

9:30am GBP Halifax HPI (0.2% expected, > good for currency)

10:00am EUR ECB President Draghi speaks (hawkish = good for currency)

10:00am EUR Italian Retail Sales (0.2% expected, > good for currency)

10:10am EUR EZ Retail PMI (last 52.3, > good for currency)

11:00am EUR EZ Retail Sales (0.6% expected, > good for currency)

All Day EUR ECOFIN Meetings (hawkish = good for currency)

Tentative NZD GDT Price Index (last -1.0%, > good for currency)

7th-12th USD Mortgage Delinquencies (last 4.24%, < good for currency)

4:00pm USD IBD/TIPP Economic Optimism (51.2 expected, > good for currency)

4:00pm USD JOLTS Job Openings (5.98M expected, > good for currency)

6:35pm USD FOMC Member Quarles speaks (hawkish = good for currency)

6:55pm CAD BOC Governor Poloz speaks (hawkish = good for currency)

8:30pm USD Federal Chairman Yellen speaks (hawkish = good for currency)

9:00pm USD Consumer Credit (18.4B expected, > good for currency)

Wednesday, November 8th

Tentative CNY Trade Balance (275B expected)

Tentative CNY USD-Denominated Trade Balance (39.5B expected)

6:00am JPY Leading Indicators (106.7% expected, > good for currency)

8:45am EUR French Trade Balance (-4.7B expected, > good for currency)

2:15pm CAD Housing Starts (220K expected, > good for currency)

2:30pm CAD Building Permits (last -5.5%, > good for currency)

4:30pm USD Crude Oil Inventories (last -2.4M, > good for currency)

7:01pm USD 10-year Bond Auction (last average rate 2.35 with a 2.5 bid to cover ratio; < rate and > ratio = good for currency)

9:00pm NZD Official Cash Rate (1.75% expected, > good for currency)

9:00pm NZD RBNZ Rate Statement (hawkish = good for currency)

9:00pm NZD RBNZ Monetary Policy Statement (hawkish = good for currency)

10:00pm NZD RBNZ Press Conference (hawkish = good for currency)

Thursday, November 9th

12:50am JPY BOJ Summary of Opinions (hawkish = good for currency)

12:50am JPY Bank Lending (3.0% expected, > good for currency)

12:50am JPY Core Machinery Orders (-1.9% expected, > good for currency)

12:50am JPY Current Account (2.05T expected, > good for currency)

1:01am GBP RICS House Price Balance (4% expected, > good for currency)

1:30am AUD Home Loans (2.1% expected, > good for currency)

2:30am CNY CPI (1.7% expected)

2:30am CNY PPI (6.6% expected)

4:45am JPY 30-year Bond Auction (last average rate 0.88 with a 4.0 bid to cover ratio; < rate and > ratio = good for currency)

6:00am JPY Economy Watchers Sentiment (50.6 expected, > good for currency)

7:45am CHF Unemployment Rate (3.1% expected, < good for currency)

8:00am EUR German Trade Balance (23.1B expected, > good for currency)

9th-15th CNY M2 Money Supply (9.2% expected)

9th-15th CNY New Loans (770B expected)

10:00am EUR ECB Economic Bulletin (hawkish = good for currency)

11:00am EUR EU Economic Forecasts (hawkish = good for currency)

2:00pm GBP NIESR GDP Estimate (last 0.4%, > good for currency)

2:30pm CAD NHPI (0.2% expected, > good for currency)

2:30pm USD Weekly Initial Jobless Claims (231K expected, < good for currency)

4:00pm USD Final Wholesale Inventories (0.3% expected, < good for currency)

4:30pm USD Natural Gas Storage (last 65B, > good for currency)

5:30pm CHF SNB Chairman Jordan speaks (hawkish = good for currency)

7:01pm USD 30-year Bond Auction (last average rate 2.87 with a 2.5 bid to cover ratio; < rate and > ratio = good for currency)

Friday, November 10th

12:50am JPY M2 Money Stock (4.1% expected, > good for currency)

1:30am AUD RBA Monetary Policy Statement (hawkish = good for currency)

5:30am JPY Tertiary Industry Activity (-0.1% expected, > good for currency)

8:45am EUR French Industrial Production (0.6% expected, > good for currency)

8:45am EUR French Preliminary Private Payrolls (0.3% expected, > good for currency)

10:00am EUR Italian Industrial Production (0.2% expected, > good for currency)

10:30am GBP Manufacturing Production (0.3% expected, > good for currency)

10:30am GBP Goods Trade Balance (-12.9B expected, > good for currency)

10:30am GBP Construction Output (-0.6% expected, > good for currency)

10:30am GBP Industrial Production (0.3% expected, > good for currency)

2:00pm USD Bank Holiday

4:00pm USD Preliminary University of Michigan Consumer Sentiment (101.0 expected, > good for currency)

4:00pm USD Preliminary University of Michigan Inflation Expectations (last 2.4%, > good for currency)

8:00pm USD Federal Budget Balance (last 8.0B, > good for currency)

Technical Forecast and Levels to Watch for the Majors This Week

EUR/USD: Higher

Resistance:

Initial: 1.1615, 1.1642, 1.1660/68, 1.1687/95, 1.1713/16, 1.1723/29, 1.1753, 1.1775, 1.1786/88, 1.1821/36, 1.1846, 1.1857, 1.1864/79, 1.1900/13, 1.1925, 1.1938, 1.1975/86, 1.1993, 1.2003, 1.2033/41, 1.2069, 1.2091, 1.2133, 1.2143, 1.2162/64, 1.2219, 1.2241/55, 1.2270/72, 1.2323/33, 1.2357/62, 1.2381/94, 1.2407/39, 1.2455, 1.2494/96, 1.2500/01, 1.2514/19, 1.2531, 1.2545, 1.2569/70, 1.2588/89, 1.2605, 1.2613, 1.2623/25, 1.2661/63, 1.2676, 1.2692/98, 1.2715, 1.2744/54, 1.2791/1.2805, 1.2815/21, 1.2834/79, 1.2900/04, 1.2919/21 and 1.2978/98.

Above: 1.3000/03, 1.3047, 1.3059/66, 1.3077, 1.3093/1.3109, 1.3126/30, 1.3152/65, 1.3172/77, 1.3187/1.3206, 1.3220/42, 1.3294/99, 1.3305/08, 1.3318/24, 1.3332/35, 1.3344/53, 1.3366, 1.3376/89, 1.3398/1.3416, 1.3432/44, 1.3451, 1.3473/82, 1.3489/1.3524, 1.3538, 1.3546/88, 1.3597, 1.3602/15, 1.3621/31, 1.3639/50, 1.3663/76, 1.3682/86, 1.3685/1.3710, 1.3714/16, 1.3731/39, 1.3748, 1.3758/74, 1.3784/98, 1.3807, 1.3810/20, 1.3824, 1.3832/36, 1.3845/54, 1.3864, 1.3875/78, 1.3888/92, 1.3905/14, 1.3937, 1.3947, 1.3966/69, 1.3993/1.4000, 1.4246, 1.4500/17, 1.4695 and 1.4939.

Support:

Initial: 1.1605, 1.1573/82, 1.1533, 1.1494/98, 1.1483/88, 1.1415/64, 1.1373/97, 1.1354/69, 1.1322/48, 1.1311/18, 1.1294/1.1303, 1.1244/84, 1.1233/36, 1.1207/21, 1.1186/1.1204, 1.1164/81, 1.1111/59, 1.1103/08, 1.1091/97, 1.1083, 1.1066/72, 1.1038/60, 1.1015/28, 1.1001/10, 1.0991/98, 1.0983/86, 1.0946/70, 1.0904/17, 1.0896, 1.0882/86, 1.0872/73, 1.0866, 1.0847/58, 1.0818/38, 1.0804/11, 1.0759/95, 1.0736, 1.0717/18, 1.0707/08, 1.0676/89, 1.0669, 1.0650/57, 1.0629/40, 1.0616/22, 1.0603/06, 1.0588/98, 1.0578, 1.0565/68, 1.0551, 1.0517/24, 1.0504, 1.0492/99, 1.0461, 1.0371, 1.3065, 1.0351, 1.0339, 1.0206 and 1.0104.

Below: 0.9607/21, 0.9599, 0.9451, 0.9338, 0.8840, 0.8822/28, 0.8594 and 0.8562.

USD/JPY: Mildly Lower

Resistance:

Initial: 114.12/27, 114.35, 114.44/48, 114.55/65, 114.73/95, 115.06, 115.18, 115.37, 115.49, 115.56/61, 115.85, 115.92, 116.03/14, 116.28, 116.50/54, 116.82/117.02, 117.23, 117.43, 117.52, 117.65/80, 117.93/99, 118.04/05, 118.23/45, 118.60/67, 118.85/97, 119.01/06, 119.21/28, 119.37/46, 119.61/65, 119.80 and 119.95.

Above: 120.00/10, 120.17/27, 120.34/47, 120.56, 120.62/65, 120.73/82, 121.02, 121.19/23, 121.27/38, 121.48/49, 121.62/68, 121.80/84, 121.96, 122.01, 122.22/30, 122.44, 122.60/68, 122.87, 123.12, 123.25, 123.42/49, 123.71/78, 123.95, 124.05, 124.11/14, 124.22, 124.35/38, 124.43/46, 125.06, 125.27, 125.40, 125.67/75, 126.17, 126.41, 126.90 and 135.19.

Support:

Initial: 113.98, 113.89, 113.76/79, 113.43/56, 113.33/38, 113.23/24, 113.12/18, 113.03/04, 112.91/98, 112.81/86, 112.51/70, 112.40/46, 112.30/32, 112.15/25, 112.01/11, 111.90/91, 111.76/88, 111.57/71, 111.32/46, 110.93/111.04, 110.80/86, 110.58/66, 110.39/47, 110.22/27, 110.08/09, 109.82/92, 109.72, 109.53/54, 109.41/45, 109.01/10, 108.98, 108.70/83, 108.54/59, 108.42/46, 108.12/24, 108.00, 107.83/89, 107.62/66, 107.48, 107.30/39, 107.18, 107.05, 106.94, 106.72/82, 106.54, 106.31/36, 106.15/25, 105.70, 105.52/59, 105.41/43, 105.30/33, 105.18, 105.05, 104.83/91, 104.63/68, 104.47, 104.31/36, 104.07/26, 103.91/98, 103.82, 103.73/75, 103.54/58, 103.37/43, 103.30, 103.16, 102.92/103.08, 102.49/85, 102.33/40, 102.24/26, 102.13/14, 101.90/102.04, 101.60/83, 101.50/56, 101.41/45, 101.30/32, 101.08/27, 100.82/92, 100.75, 100.60/67, 100.38/48, 100.19/22, 99.93/100.09, 99.64/66, 99.53, 99.40, 99.25, 99.13/14, 98.84/99.00, 98.63/72, 98.48/53, 98.28, 98.20, 98.08, 97.75/83, 97.49/63, 96.90/97.05, 96.81, 96.65/70, 96.55/56 and 96.05.

Below: 95.79/80, 95.44, 94.90/95.07, 94.87, 94.55, 94.19, 94.05, 93.76, 93.78 93.68, 93.50, 93.17, 92.77/95, 92.14/30, 91.19, 90.85, 90.20/32, 89.40/66, 88.05, 87.95/99 and 87.79.

GBP/USD: Higher

Resistance:

Initial: 1.3078/79, 1.3086/93, 1.3104, 1.3112/24, 1.3137/39, 1.3158/59, 1.3204, 1.3221/27, 1.3238, 1.3264, 1.3272/90, 1.3300, 1.3314/19, 1.3337/46, 1.3352, 1.3371, 1.3415, 1.3444, 1.3467/80, 1.3501, 1.3532, 1.3561, 1.3594, 1.3617, 1.3653/55, 1.3683, 1.3835/40, 1.3853, 1.3877, 1.4000/11, 1.4041, 1.4052/56, 1.4079, 1.4089, 1.4108, 1.4130, 1.4148, 1.4170/79, 1.4232/34, 1.4247/51, 1.4298, 1.4321/25, 1.4331, 1.4345/51, 1.4361, 1.4374, 1.4385, 1.4396, 1.4406/18, 1.4432/44, 1.4451/72, 1.4513, 1.4529/34, 1.4546, 1.4581, 1.4603, 1.4615, 1.4634/37, 1.4659/69, 1.4692/98, 1.4725/38, 1.4768, 1.4785, 1.4812, 1.4830, 1.4856, 1.4868, 1.4872, 1.4884, 1.4913, 1.4927, 1.4943/50, 1.4966/67, 1.4985/88, 1.5007, 1.5013/17, 1.5026/33, 1.5053/56, 1.5072/77, 1.5081, 1.5092, 1.5101/06, 1.5123, 1.5130/36, 1.5152/64, 1.5173/80, 1.5185/87, 1.5195/99, 1.5208/23, 1.5236/41, 1.5260/68, 1.5276, 1.5293, 1.5304/05, 1.5313/51, 1.5382/84, 1.5392, 1.5403/40, 1.5457/58, 1.5467, 1.5476/85, 1.5496/99, 1.5505/08, 1.5514/20, 1.5529/33, 1.5538/51, 1.5561/68, 1.5584/96, 1.5601/19, 1.5624/27, 1.5646, 1.5656/58, 1.5669/74, 1.5683/92, 1.5714/17, 1.5725, 1.5750, 1.5763, 1.5775/89, 1.5803/07, 1.5817, 1.5825, 1.5844, 1.5853, 1.5874/77, 1.5886/93, 1.5900/27, 1.5948/61, 1.5975/94, 1.6001/08, 1.6051/66, 1.6071/83, 1.6096/98, 1.6109/21, 1.6130/36, 1.6155, 1.6161, 1.6177/83, 1.6195/98, 1.6204/16, 1.6222/26, 1.6237/46, 1.6251/62, 1.6280/90, 1.6298/1.6309, 1.6336, 1.6348, 1.6357, 1.6376, 1.6380/83, 1.6394, 1.6400, 1.6415/18, 1.6441/44, 1.6458/65, 1.6484, and 1.6496.

Above: 1.6516, 1.6524, 1.6534, 1.6548, 1.6576/86, 1.6592, 1.6611/17, 1.6624, 1.6640/56, 1.6665/67, 1.6683, 1.6692/98, 1.6716/24, 1.6730/37, 1.6745, 1.6755, 1.6765/68, 1.6777, 1.6785, 1.6800/02, 1.6812, 1.6819/22, 1.6831/44, 1.6874/87, 1.6902/09, 1.6919/20, 1.6951, 1.6960, 1.6995, 1.7000, 1.7010, 1.7035, 1.7042/51, 1.7058/62, 1.7084, 1.7094/99, 1.7107, 1.7130, 1.7167, 1.7176/78, 1.7190 and 1.7440.

Support:

Initial: 1.3056/68, 1.3041/46, 1.3030/33, 1.3012/29, 1.2991/96, 1.2976/86, 1.2950/64, 1.2944/45, 1.2925/31, 1.2914/19, 1.2901/02, 1.2892, 1.2863/79, 1.2841/51, 1.2829, 1.2810/16, 1.2805, 1.2794, 1.2772/74, 1.2754, 1.2727/36, 1.2705, 1.2689, 1.2672/73, 1.2634, 1.2614, 1.2581/88, 1.2568/73, 1.2547/56, 1.2522/30 and 1.2504/15.

Below: 1.2476, 1.2451, 1.2431/39, 1.2411/18, 1.2403, 1.2382/87, 1.2374/75, 1.2364, 1.2351, 1.2332, 1.2317/24, 1.2299/1.2301, 1.2271, 1.2260, 1.2249/52, 1.2226/28, 1.2213, 1.2199/1.2200, 1.2170, 1.2131/35, 1.2107/13, 1.2081/88, 1.1991, 1.1954 and 1.1844 and 1.0520.

AUD/USD: Lower

Resistance:

Initial: 0.7653/63, 0.7678/0.7711, 0.7718/28, 0.7731/46, 0.7748/64, 0.7772/84, 0.7791/92, 0.7806, 0.7817, 0.7825, 0.7834/96, 0.7912, 0.7919, 0.7935, 0.7949/55, 0.7961/62, 0.7978/94, 0.8008, 0.8020, 0.8024/34, 0.8041, 0.8051, 0.8064/87, 0.8099, 0.8106, 0.8121/24, 0.8138, 0.8156, 0.8172, 0.8203/14, 0.8223, 0.8233, 0.8294, 0.8307, 0.8375, 0.8416, 0.8473/84, 0.8512, 0.8541, 0.8578, 0.8590, 0.8641, 0.8651/62, 0.8693, 0.8702, 0.8729, 0.8747/54, 0.8760/73, 0.8784, 0.8812, 0.8819/25, 0.8842/52, 0.8857/61, 0.8869, 0.8887/97, 0.8906/12, 0.8918/20, 0.8923/36, 0.8951/57, 0.8967/69, 0.8981/87, 0.8994/0.9010, 0.9035, 0.9041, 0.9042/48, 0.9054/57, 0.9061/66, 0.9072/79, 0.9102, 0.9110/19, 0.9127/37, 0.9147, 0.9162/67, 0.9179/89, 0.9200/08, 0.9214/26, 0.9232/74, 0.9286/94, 0.9304, 0.9311, 0.9328/34, 0.9343/53, 0.9359, 0.9386/0.9410, 0.9420/24, 0.9428/33, 0.9440/47, 0.9455/57, 0.9469 and 0.9483/86.

Above: 0.9500, 0.9524/27, 0.9536/42, 0.9571, 0.9585, 0.9592, 0.9620, 0.9640, 0.9664, 0.9676, 0.9689/96, 0.9710, 0.9732, 0.9757, 0.9791/94, 0.9841/96, 0.9900, 0.9925/83, 1.0000/18, 1.0052, 1.0099/1.0100, 1.0114/17, 1.0148/51, 1.0165/77 and 1.0181/82.

Support:

Initial: 0.7642/49, 0.7622/36, 0.7614/18, 0.7602/09, 0.7580/98, 0.7570/72, 0.7565, 0.7544/59, 0.7532/39, 0.7518/25, 0.7497/0.7516, 0.7486/92, 0.7468/76, 0.7452, 0.7439/46, 0.7413/20, 0.7405/07, 0.7393, 0.7362/87, 0.7356, 0.7337/43, 0.7310/27, 0.7295/0.7303, 0.7278/84, 0.7265/71, 0.7241/58, 0.7234, 0.7219/26, 0.7214/15, 0.7203/07, 0.7197, 0.7181/85, 0.7172/75, 0.7152/62, 0.7140/48, 0.7108, 0.7098, 0.7083, 0.7062/69, 0.7047, 0.7030/34, 0.7021/24, 0.7001/02, 0.6945, 0.6936/37, 0.6918, 0.6907, 0.6852, 0.6826, 0.6773, 0.6753, 0.6697, 0.6670 and 0.6555.

Below: 0.6339/41, 0.6317, 0.5804, 0.5795, 0.5730, 0.5645, 0.5490, 0.5399, 0.5228, 0.4815 and 0.4773.

USD/CAD: Mildly Lower

Resistance:

Initial: 1.2751/62, 1.2770/78, 1.2797/98, 1.2810, 1.2821/22, 1.2830/36, 1.2856/58, 1.2860/64, 1.2875, 1.2884, 1.2900/15, 1.2922, 1.2935/44, 1.2950/57, 1.2964/89, 1.2994/1.3014, 1.3018/28, 1.3037/39, 1.3047/54, 1.3062/73, 1.3080/89, 1.3097/99, 1.3101, 1.3115/19, 1.3125/39, 1.3143/47, 1.3161/68, 1.3174/90, 1.3194/99, 1.3207/22, 1.3233/35, 1.3241/53, 1.3260/64, 1.3270/83, 1.3295, 1.3305/16, 1.3323/25, 1.3346/57, 1.3367/77, 1.3385/1.3408, 1.3409/16, 1.3425/29, 1.3432/36, 1.3449/72, 1.3496, 1.3504, 1.3524, 1.3533/46, 1.3556/70, 1.3586/88, 1.3597/1.3606, 1.3638/46, 1.3652/68, 1.3672, 1.3687/96, 1.3751/56, 1.3768, 1.3780, 1.3792, 1.3813/14, 1.3845, 1.3858, 1.3872, 1.3910, 1.3939/46 and 1.3992/1.4015.

Above: 1.4035, 1.4101, 1.4113, 1.4195, 1.4277, 1.4324, 1.4430, 1.4605/24, 1.4689/93, 1.4894, 1.5024, 1.5065, 1.5150, 1.5182, 1.5322, 1.5632, 1.5830, 1.5855, 1.6054 and 1.6196.

Support:

Initial: 1.2742, 1.2716, 1.2690/96, 1.2677, 1.2654/62, 1.2631, 1.2625, 1.2615, 1.2613, 1.2609, 1.2575/97, 1.2563, 1.2537, 1.2525, 1.2497, 1.2471, 1.2456/61, 1.2447/58, 1.2431/40, 1.2421, 1.2406/12, 1.2386/89, 1.2378, 1.2361/66, 1.2351, 1.2333/39, 1.2287, 1.2238/53, 1.2117/26, 1.2091, 1.2060, 1.2045, 1.2030, 1.2016, 1.1976, 1.1933, 1.1886, 1.1872/75, 1.1841, 1.1802, 1.1794/96, 1.1723/29, 1.1670/72, 1.1666, 1.1547/90, 1.1475, 1.1457/65, 1.1443/47, 1.1391/92, 1.1384, 1.1331/39, 1.1310/12, 1.1289/95, 1.1263/77, 1.1254, 1.1221/29, 1.1190/94, 1.1168/73, 1.1158, 1.1152, 1.1141, 1.1116/32, 1.1102/09, 1.1097/99, 1.1081/89, 1.1069/70, 1.1030/53, 1.0982/1.1001, 1.0962/66, 1.0954/59, 1.0941/45, 1.0934, 1.0925/28, 1.0915, 1.0903/09, 1.0894, 1.0873/86, 0852/59, 1.0849, 1.0839/40, 1.0820/27, 1.0813, 1.0793/96, 1.0742/85, 1.0736, 1.0726, 1.0717, 1.0702/09, 1.0693, 1.0668/79, 1.0646/60, 1.0619/29, 1.0608,1.0580/87, 1.0567/71, 1.0558/59, 1.0546, 1.0519/22 and 1.0506.

Below: 1.0496/1.0502, 1.0471/87, 1.0459, 1.0441/44, 1.0414/18, 1.0401/04, 1.0390/92, 1.0379, 1.0355/68, 1.0333, 1.0324, 1.0309/12, 1.0283/1.0305, 1.0270/76, 1.0262, 1.0244/55, 1.0233/35, 1.0199/1.0226, 1.0172/82, 1.0165, 1.0151/56, 1.0148, 1.0128/42, 1.0103/05, 1.0081/99, 1.0050/56, 1.0029/34, 1.0018, 1.0012, 0.9993/98, 0.9984, 0.9969, 0.9945/60, 0.9931, 0.9922, 0.9902/07, 0.9899, 0.9858, 0.9814/26, 0.9724/99, 0.9686, 0.9645, 0.9631, 0.9525, 0.9445 and 0.9405.

NZD/USD: Mildly Lower

Resistance:

Initial: 0.6917/26, 0.6930/34, 0.6944/70, 0.6974/84, 0.6991/96, 0.7003, 0.7014/21, 0.7034/59, 0.7065/69, 0.7075/79, 0.7085/91, 0.7102/16, 0.7128, 0.7130/47, 0.7160/85, 0.7190/0.7245, 0.7251/57, 0.7265, 0.7273/76, 0.7295/97, 0.7304/09, 0.7310/22, 0.7328/49, 0.7357/62, 0.7366/68, 0.7375/78, 0.7389, 0.7394, 0.7400/04, 0.7419/20, 0.7432/33, 0.7440/47, 0.7454/59, 0.7467, 0.7483/0.7500, 0.7528/57, 0.7585/95, 0.7609, 0.7605/59, 0.7679/97, 0.7705/35, 0.7751/58, 0.7760/64, 0.7763, 0.7779/83, 0.7791/95, 0.7804/08, 0.7819/29, 0.7838/48, 0.7856/57, 0.7863/78, 0.7888, 0.7903/06, 0.7925/37, 0.7967, 0.7989/0.8013, 0.8030, 0.8040, 0.8049/60, 0.8075/82, 0.8100/09, 0.8114/37, 0.8147/53, 0.8160/76, 0.8186, 0.8195/97, 0.8204/14, 0.8221/41, 0.8250/55, 0.8263, 0.8268/71, 0.8280, 0.8285/87, 0.8291/95, 0.8302/16, 0.8322/66, 0.8376, 0.8389, 0.8406, 0.8413, 0.8421/61, 0.8472/79, 0.8487/89 and 0.8499.

Above: 0.8504/18, 0.8523/37, 0.8542/53, 0.8560/61, 0.8571/78, 0.8584/90, 0.8602/05, 0.8633/41, 0.8647/53, 0.8660/67, 0.8671/74, 0.8693/0.8700, 0.8712/18, 0.8734, 0.8744, 0.8764/77, 0.8789, 0.8792, 0.8821, 0.8834 and 0.8840.

Support:

Initial: 0.6890/95, 0.6880/89, 0.6872/79, 0.6857/63, 0.6828/47, 0.6804/21, 0.6790, 0.6784, 0.6771/73, 0.6750/60, 0.6734/38, 0.6720/24, 0.6706/13, 0.6693/96, 0.6666/85, 0.6639/41, 0.6616/20, 0.6584/0.6609, 0.6585, 0.6571/73, 0.6556/63, 0.6538/43, 0.6529, 0.6519 and 0.6504/07.

Below: 0.6491/97, 0.6466, 0.6447/55, 0.6435, 0.6423/27, 0.6415, 0.6400/07, 0.6396, 0.6379/88, 0.6345, 0.6287, 0.6269, 0.6254, 0.6248, 0.6242, 0.6234, 0.6022, 0.5991, 0.5926, 0.5914, 0.5682, 0.5673, 0.5608, 0.5637/41, 0.5480 and 0.5324.

Risk Statement: Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.