EURUSD: The EURUSD stretched above a retracement (61.8% from the December excessive) /ceiling space at present, growing the bullish bias. That space got here between 1.0448 and 1.0461. That space can be a key barometer within the new buying and selling week. You’ll be able to learn the commentary HERE and watch the detailed video beneath:
USDJPY: The USDJPY stays in an up-and-down vary during the last week and a half between 154.77 and 156.73. Additionally in play on the decrease finish is the 38.2% retracement at 154.939. The value briefly broke that key retracement however momentum to the draw back light quick. You’ll be able to learn the commentary HERE and watch the detailed video beneath:
GBPUSD: The GBPUSD was the largest mover on Friday with a run to the upside. That broke the pair previous the 38.2% and the 50% retracement targets of the development transfer decrease from the December excessive at 1.23689 and 1.2453 respectively. You’ll be able to learn the commentary HERE and watch the detailed video beneath:
USDCHF: The USDCHF examined however stayed beneath the 100 hour MA on Tuesday, prolonged above that 100 hour MA however stalled on the greater 200 hour MA and fell on Thursday, and prolonged to check the 100 hour MA on Friday, and stalled towards that resistance stage. Sellers have been leaning on rallies. What it didn’t do is prolong beneath the 38.2% of the transfer up from the December low. So purchaser and sellers are battling it out. You’ll be able to learn the commentary HERE and watch the detailed video beneath:
USDCAD: The USDCAD is in a large up and down buying and selling vary between 1.42899 and 1.4466 (177 pips) going again to December 17. This week off of the inauguration volatility (and tariff stuff), the consumers had their shot on a break greater and failed, AND on a break decrease, and in addition failed. The value is settling throughout the vary however beneath 100 and 200 hour MAs giving a bearish tilt into the weekend. You’ll be able to learn the commentary HERE and watch the video beneath:
AUDUSD: The AUDUSD prolonged above a ceiling space and the 38.2% of the transfer down from the November 25 excessive on Friday (between 0.62874 and 0.6306). The corrective low on Friday discovered prepared consumers towards the excessive of that swing space. The consumers are making a play. Can they maintain it going subsequent week. You’ll be able to learn the commentary HERE and watch the video beneath:
NZDUSD: The NZDUSD prolonged above the 38.2% of the transfer down from the November 29 excessive and a swing space ceiling all between 0.5683 and 0.5691. The break is a tilt to the consumers/bulls heading into the brand new buying and selling week. Can the consumers maintain the momentum going within the new buying and selling week? You’ll be able to learn the commentary HERE and watch the video beneath:
