MAJOR CURRENCY PAIR June 26- 30 The highlights of the week were comments from the Bank of England’s (BoE) top officials and downbeat economic data from the US.

FOREX INVESTORS BUZZ WORD MAJOR CURRENCY PAIRS 7.21.17

FOREX INVESTORS BUZZ WORD MAJOR CURRENCY PAIRS 7.21.17

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MAJOR CURRENCY PAIRS 7.21.17  This morning, the greenback is trading lower against most of the major currencies.

FOREX INVESTORS BUZZ MAJOR CURRENCY PAIRS 7.21.17  This morning, the greenback is trading lower against most of the major currencies.

The EUR is trading higher against the USD, amid growing expectations of a policy shift by the European Central Bank (ECB) in the near-term after the ECB Chief, Mario Draghi, hinted that that central bank will consider withdrawing its ultra-loose monetary policy in the autumn. Yesterday, the ECB, at its latest monetary policy meeting, unanimously voted to hold interest rates at 0.00% and maintained a pledge to extend or even increase debt purchases if deemed necessary. Further, the ECB President, Mario Draghi emphasized the need for patience and persistence to allow inflation to get back to the central bank’s target. Separately, consumer confidence in the Eurozone surprisingly worsened in July.

The GBP is trading higher against the USD. Data indicated that Britain’s public sector net borrowing posted a more-than-expected deficit in June.

Yesterday, the greenback traded lower in the New York session, against the key currencies, on reports that the Special Counsel, Robert Mueller, who is investigating possible collusion between Trump’s campaign and Russian Government, is expanding his inquiry into the US President, Donald Trump’s business affairs.

Separately, data indicated that the number of Americans filing for fresh jobless claims declined to a nearly 5-month low level last week, offering signs of enduring labor market growth in the world’s largest economy. Further, the nation’s leading indicator exceeded market expectations in June. On the other hand, manufacturing conditions in the Philadelphia region deteriorated to an 8-month low in July.

 



WORD MAJOR CURRENCY PAIRS 7.21.17

 EURUSD Euro Dollar Exchange First Look Friday July 21

EURUSD

This morning at 09:40 GMT, the EUR is trading at 1.1647 against the USD, 0.1% higher from the New York close. Amid no economic releases in the Eurozone today, investors will focus on the flash Markit manufacturing and services PMIs data across the Eurozone, slated to release next week. This morning, the pair traded at a high of 1.1677 and a low of 1.1619. The Euro traded 0.6% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 1.1635, after the ECB President stated that officials would debate on changes in bond purchases this autumn. The pair is expected to its find support at 1.1525 and its first resistance at 1.1723.

EUR/USD’s rise resumed after briefly consolidation and broke 1.1615 key resistance. Intraday bias is back to the upside. Sustained trading above 1.1615 will extend the medium term rise to 1.2 handle next. On the downside, break of 1.1478 support is needed to indicate short term topping. Otherwise, outlook will remain bullish in case of retreat.

In the bigger picture, the firm break of 1.1298 resistance further affirm medium term reversal. That is, an important bottom was formed at 1.0339 on bullish convergence condition in weekly MACD. Further rise would be seen to 55 month EMA (now at 1.1756). Sustained break there will pave the way to 38.2% retracement of 1.6039 (2008 high) to 1.0339 (2017 low) at 1.2516 next. This will now remain the favored case as long as 1.1118 support holds.

 GBPUSD British Pound First Look Friday July 21

GBPUSD

At 09:40 GMT, the pair is trading at 1.3005, with the Pound trading 0.25% higher against US Dollar from the New York close. On the macro front, Britain’s public sector net borrowing posted a more-than-expected deficit in June. The pair witnessed a high of 1.3008 and a low of 1.2954 during the session. Yesterday, the Pound traded marginally higher against the US Dollar in the New York session and ended at 1.2972. Immediate downside, the first support level is seen at 1.2956, while on the upside, the first resistance level is situated at 1.3031.

GBP/USD is still staying in range of 1.2811/3125 and intraday bias remains neutral. Another rise is mildly in favor with 1.2811 intact. Break of 1.3125 will target 61.8% projection of 1.2108 to 1.3047 from 1.2588 at 1.3168. Overall, choppy rebound from 1.1946 is seen as a corrective pattern, hence, we’d be cautious on strong resistance from 1.3168 to limit upside. But firm break of 1.3168 will bring further rise towards 1.3444 key resistance. Meanwhile, break of 1.2811 support will be the first sign of reversal and will turn bias to the downside to target 1.2588 key support next.

In the bigger picture, overall, price actions from 1.1946 medium term low are seen as a corrective pattern that is still in progress. While further upside is expected, overall outlook remains bearish as long as 1.3444 key resistance holds. Larger down trend from 1.7190 is expected to resume later after the correction completes. And break of 1.2588 will indicate that such down trend is resuming.

 USDJPY Japanese Yen First Look Higher Friday July 21

USDJPY

This morning, at 09:40 GMT, the US Dollar is trading at 111.70 against the Yen, 0.13% lower from the New York close. Going forward, Japan’s jobless rate and national consumer price index, both slated to release next week, will be on investors’ radar. During the session, the pair traded at a high of 112.08 and a low of 111.67. Yesterday, the US Dollar traded 0.34% lower against the Yen in the New York session and ended at 111.84. The pair is expected to its find support at 111.32 and its first resistance at 112.25.

Breach of 111.54 suggests that fall from 114.49 is resuming. Intraday bias is turned back to the downside. Sustained trading below 55 day EMA will bring deeper decline to 108.81 support. Break there will extend the whole correction from 118.65 to 61.8% retracement of 98.97 to 118.65 at 106.48. Nonetheless, break of 112.41 will turn focus back to 114.49 resistance instead.

In the bigger picture, the corrective structure of the fall from 118.65 suggests that rise from 98.97 is not completed yet. Break of 118.65 will target a test on 125.85 high. At this point, it’s uncertain whether rise from 98.97 is resuming the long term up trend from 75.56, or it’s a leg in the consolidation from 125.85. Hence, we’ll be cautious on topping as it approaches 125.85. If fall from 118.65 extends lower, down side should be contained by 61.8% retracement of 98.97 to 118.65 at 106.48 and bring rebound.

 USDCHF Swiss Franc First Look Increase Friday July 21

USDCHF

The US Dollar is trading at 0.9504 against the Swiss Franc at 09:40 GMT this morning, 0.07% lower from the New York close. The pair traded at a high of 0.9523 and a low of 0.9493 this morning. Yesterday, the USD traded 0.59% lower against the CHF in the New York session and ended at 0.9511. The pair is expected to its find support at 0.9457 and its first resistance at 0.9586.

USD/CHF’s decline resumed after brief consolidation and intraday bias is turned back to the downside. Current fall from 1.0342 should target target 0.9443 key support level next. At this point, we’d expect strong support from there to bring rebound. On the upside, break of 0.9699 resistance is needed to confirm short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, USD/CHF is still bounded in medium term range of 0.9443/1.0342 for the moment. Consolidative trading would likely continue and medium term outlook remains neutral. Break of 1.0342 key resistance is needed to confirm underlying bullish momentum in the pair. Meanwhile, downside attempts should be contained by 0.9443 key support level. However, sustained break of 0.9443 will carry larger bearish implication and target 0.9 handle.

 USDCAD Canadian Dollar First Look Lower Friday July 21

USDCAD

The pair is trading at 1.2576 at 09:40 GMT this morning, with the USD trading 0.1% lower against CAD from the New York close. Looking ahead, market participants will keep a close watch on Canada’s inflation and retail sales data, due to release in a few hours. The pair traded at a high of 1.2605 and a low of 1.2571 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.2% lower at 1.2589. The pair is expected to its find support at 1.2531 and its first resistance at 1.2631.

With 1.2700 minor resistance intact, intraday bias stays on the downside. Current fall from 1.3793 should extend to retest 1.2460 low. Meanwhile, considering bullish convergence condition in 4 hour MACD, break of 1.2700 will indicate short term bottoming In such case, there will be lengthier consolidation before staging another decline.

In the bigger picture, price actions from 1.4689 medium term top are seen as a correction pattern. Fall from 1.3793 is seen as the third leg and should target 50% retracement of 0.9406 to 1.4869 at 1.2048. At this point, we’d look for strong support from there to contain downside and bring rebound. However, firm break there will target 100% projection of 1.4689 to 1.2460 from 1.3793 at 1.1564.

 AUDUSD Australian Dollar First Look Fell on Friday July 21

AUDUSD

The pair is trading at 0.7926 at 09:40 GMT this morning, with the Australian Dollar trading 0.39% lower against US Dollar from the New York close. This morning, the pair traded at a high of 0.7958 and a low of 0.7875. The Australian Dollar traded 0.35% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7957. The pair is expected to its find support at 0.7878 and its first resistance at 0.7972.

AUD/USD’s retreat suggests that a temporary top is formed at 0.7988 after hitting 61.8% projection of 0.6826 to 0.7833 from 0.7328 at 0.7950. Intraday bias is turned neutral for consolidation. Near term outlook will remain bullish as long as 0.7785 support holds and another rise is expected. Break of 0.7988 will target 100% projection at 0.8335 next.

In the bigger picture, current development suggests that rebound from 0.6826 is developing into a medium term rise. There is no confirmation of trend reversal yet and we’ll continue to treat such rebound as a corrective pattern. But in any case, further rise is now expected to 55 month EMA (now at 0.8100) or even further to 38.2% retracement of 1.1079 to 0.6826 at 0.8451. Break of 0.7328 support is needed to confirm completion of the rebound. Otherwise, further rise is now expected.

 Gold Prices First Look Higher Friday July 21

Gold

Gold is trading at $1253.60 per ounce at 09:40 GMT this morning, 0.26% higher from the New York close. This morning, the precious metal traded at a high of $1254.40 per ounce and a low of $1249.50 per ounce. Yesterday, gold traded 0.24% higher in the New York session and closed at $1250.30 per ounce, amid a broad weakness in the greenback. Immediate downside, the first support level is seen at $1245.27 per ounce, while on the upside, the first resistance level is at $1258.17 per ounce.

 SILVER PRICES First Look Higher Friday July 21

Silver

The precious metal is trading at $16.36 per ounce at 09:40 GMT this morning, 0.43% higher from the New York close. During the session, silver traded at a high of $16.39 per ounce and a low of $16.28 per ounce. In the New York session yesterday, silver rose 0.06% and closed at $16.29 per ounce, tracking gains in gold prices. Immediate downside, the first support level is seen at $16.18 per ounce, while on the upside, the first resistance level is at $16.47 per ounce.

 Crude oil Prices First Look Higher Friday July 21

Oil

The commodity is trading at $47.10 per barrel at 09:40 GMT this morning, 0.41% higher from the New York close. Crude oil witnessed a high of $47.21 per barrel and a low of $46.85 per barrel during the session. In the New York session yesterday, crude oil fell 1.55% to close at $46.91 per barrel, as investors remain grappled with concerns over persistent global supply glut. Immediate downside, the first support level is seen at $46.69 per barrel, while on the upside, the first resistance level is at $47.62 per barrel.

Saudi Arabia is making good on promises to curtail oil shipments to the United States with the likely intention to drain visible inventories and support prices.

The United States imported an average of 524,000 barrels per day (bpd) of crude from Saudi Arabia in the week ending July 14, the lowest volume for more than seven years (tmsnrt.rs/2vI1iE2).

Imports from Saudi Arabia averaged just 810,000 bpd over the last four weeks, according to the U.S. Energy Information Administration (EIA), the slowest rate since January 2015.

 

MAJOR CURRENCY PAIRS 7.21.17

 

UK public sector net borrowing reported a deficit in June

In the UK, the public sector net borrowing has posted a deficit £6.30 billion in June, following a revised deficit of £6.40 billion in the prior month. Markets were anticipating public sector net borrowing to announce a deficit of £4.20 billion.

 

Eurozone consumer confidence index unexpectedly eased in July

The flash consumer confidence index in the Eurozone unexpectedly fell to a level of -1.70 in July. The consumer confidence index had registered a reading of -1.30 in the previous month, while markets expected for an advance to -1.20.

 

European Central Bank left its key interest rate unchanged

The European Central Bank held its key interest rate steady at 0.00%. Markets were anticipating the central bank to maintain its key interest rate at 0.00%.



MAJOR CURRENCY PAIR June 26- 30 The highlights of the week were comments from the Bank of England’s (BoE) top officials and downbeat economic data from the US.

FOREX INVESTORS BUZZ WORD MAJOR CURRENCY PAIRS 7.20.17

FOREX INVESTORS BUZZ WORD MAJOR CURRENCY PAIRS 7.20.17

A DAILY SOCIAL TRADING EVENT

WORD MAJOR CURRENCY PAIRS 7.20.17This morning, the greenback is trading higher against most of the major currencies,

FOREX INVESTORS BUZZ WORD MAJOR CURRENCY PAIRS 7.20.17This morning, the greenback is trading higher against most of the major currencies, ahead of the US initial jobless claims and leading indicator data, both slated to release in a few hours.

The EUR is trading lower against the USD, with investors looking forward to the European Central Bank’s interest rate decision, scheduled in a while, to get some clarity on the central bank’s outlook on scaling back its bond-buying program.

The GBP is trading lower against the USD. Earlier today, data showed that Britain’s retail sales sharply rebounded in June, boosted by warmer weather, thus soothing fears of a slowdown in the nation’s consumer spending that weighed on overall economic growth in the first quarter.

The Yen is trading lower against the USD, after the Bank of Japan (BoJ) left its monetary policy unchanged, but slashed its inflation forecasts to 1.1% for current fiscal year and to 1.5% for fiscal 2018. Moreover, the central bank once again pushed back the timing for achieving its inflation target to around fiscal 2019. Nevertheless, the BoJ raised its GDP growth forecast for the current fiscal year to 1.8%.

Yesterday, the greenback traded higher in the New York session, against the key currencies, after housing starts in the US advanced for the first time in 4 months in June, while the nation’s building permits rebounded at its fastest pace since March 2017 in the same month, thus suggesting that the housing sector remains on course for stronger growth this quarter after showing a poor performance in recent months.




 

WORD MAJOR CURRENCY PAIRS 7.20

CURRENCY INVESTORS Euro Dollar Exchange Opens Lower Thursday July 20

EURUSD

This morning at 09:40 GMT, the EUR is trading at 1.1505 against the USD, 0.14% lower from the New York close. In economic news, data showed that the Eurozone’s seasonally adjusted current account surplus expanded in May. This morning, the pair traded at a high of 1.1533 and a low of 1.1497. The Euro traded marginally lower against the US Dollar in the New York session yesterday, with the pair closing the session at 1.1521. The pair is expected to its find support at 1.1488 and its first resistance at 1.1530.

 CURRENCY INVESTORS British Pound Opens Down Thursday July 20

GBPUSD

At 09:40 GMT, the pair is trading at 1.2969, with the Pound trading 0.44% lower against US Dollar from the New York close. Data indicated that UK’s retail sales rebounded more-than-expected on a monthly basis in June. The pair witnessed a high of 1.3033 and a low of 1.2957 during the session. Yesterday, the Pound traded slightly lower against the US Dollar in the New York session and ended at 1.3026. Immediate downside, the first support level is seen at 1.2933, while on the upside, the first resistance level is situated at 1.3029.

 CURRENCY INVESTORS Japanese Yen Opened Down Thursday July 20

USDJPY

This morning, at 09:40 GMT, the US Dollar is trading at 112.37 against the Yen, 0.42% higher from the New York close. On the data front, Japan’s adjusted merchandise trade surplus unexpectedly narrowed in June, while the nation’s all industry activity index eased more-than-anticipated in May. During the session, the pair traded at a high of 112.42 and a low of 111.77. Yesterday, the US Dollar traded 0.24% higher against the Yen in the New York session and ended at 111.90. The pair is expected to its find support at 111.81 and its first resistance at 112.67.

 CURRENCY INVESTORS Swiss Franc Early Rise Thursday July 20

USDCHF

The US Dollar is trading at 0.9575 against the Swiss Franc at 09:40 GMT this morning, 0.24% higher from the New York close. On the macro front, Switzerland’s trade surplus decreased in June. The pair traded at a high of 0.9579 and a low of 0.9546 this morning. Yesterday, the USD traded 0.17% higher against the CHF in the New York session and ended at 0.9552. The pair is expected to its find support at 0.9543 and its first resistance at 0.9593.

 CURRENCY INVESTORS Canadian Dollar Early Drop Thursday July 20

USDCAD

The pair is trading at 1.2633 at 09:40 GMT this morning, with the USD trading 0.24% higher against CAD from the New York close. The pair traded at a high of 1.2634 and a low of 1.2592 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing a tad lower at 1.2603. Data showed that Canada’s manufacturing shipments climbed more-than-anticipated on a monthly basis in May. The pair is expected to its find support at 1.2593 and its first resistance at 1.2657.

 CURRENCY INVESTORS Australian Dollar rising Today Thursday July 20

AUDUSD

The pair is trading at 0.7901 at 09:40 GMT this morning, with the Australian Dollar trading 0.68% lower against US Dollar from the New York close. Earlier today, data indicated that Australia’s seasonally adjusted unemployment rate remained steady at 5.6% in June, while the NAB business confidence index remained unchanged in 2Q 2017. This morning, the pair traded at a high of 0.7989 and a low of 0.7901. The Australian Dollar traded 0.14% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7955. The pair is expected to its find support at 0.7872 and its first resistance at 0.7960.

COMMODITY INVESTORS Gold Prices Opens Lower Thursday July 20

Gold

Gold is trading at $1237.00 per ounce at 09:40 GMT this morning, 0.31% lower from the New York close. This morning, the precious metal traded at a high of $1242.20 per ounce and a low of $1235.90 per ounce. Yesterday, gold traded 0.17% lower in the New York session and closed at $1240.80 per ounce, amid strength in global equities. Immediate downside, the first support level is seen at $1234.10 per ounce, while on the upside, the first resistance level is at $1241.70 per ounce.

 COMMODITY INVESTORS Silver Prices Open Down Thursday July 20

Silver

The precious metal is trading at $16.17 per ounce at 09:40 GMT this morning, 0.58% lower from the New York close. During the session, silver traded at a high of $16.30 per ounce and a low of $16.14 per ounce. In the New York session yesterday, silver fell 0.28% and closed at $16.27 per ounce, tracking losses in gold prices. Immediate downside, the first support level is seen at $16.09 per ounce, while on the upside, the first resistance level is at $16.30 per ounce.

 COMMODITY INVESTORS Crude Oil Prices Open higher Thursday July 20

Oil

The commodity is trading at $47.15 per barrel at 09:40 GMT this morning, 0.13% higher from the New York close. Crude oil witnessed a high of $47.20 per barrel and a low of $46.95 per barrel during the session. In the New York session yesterday, crude oil rose 1.49% to close at $47.09 per barrel, after the EIA reported that US crude oil inventories sharply dropped by 4.7 million barrels to 490.6 million barrels last week. Immediate downside, the first support level is seen at $46.57 per barrel, while on the upside, the first resistance level is at $47.50 per barrel.

 

Economic Snapshot

 

UK retail sales rose more-than-expected in June

In June, retail sales in the UK registered a rise of 0.60% on a monthly basis, compared to a revised drop of 1.10% in the previous month. Market anticipation was for retail sales to climb 0.40%.

 

German producer price index remained steady in June

The producer price index in Germany remained flat in June on a MoM basis, more than market expectations for a fall of 0.10%. The producer price index had dropped 0.20% in the previous month.

 

Swiss trade surplus narrowed in June

In June, trade surplus in Switzerland dropped to CHF 2.81 billion. Switzerland had reported a revised trade surplus of CHF 3.39 billion in the prior month.

 

Australian unemployment rate remained unchanged in June

The seasonally adjusted unemployment rate remained flat at a level of 5.60% in June, in Australia, meeting market expectations.

 



CURRENCY INVESTORS Japanese Yen Opened down Thursday July 20

Japanese Yen  | Data | Chart | Calendar | Forecast | News

CURRENCY INVESTORS Japanese Yen Opened  The USDJPY decreased 0.0050 or 0.00% to 111.8250 on Thursday July 20 from 111.8300 in the previous trading session. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011.

 

Buz Investors EURUSD Marginally Higher A very light economic calendar and some easing political concerns are resulting in a modest gain in EUR/USD in today’s trading. The pair is currently at 1.0619, up 0.10% over Friday’s close.

CURRENCY INVESTORS Euro Dollar Exchange Opens Lower Thursday July 20

Euro Dollar Exchange Rate – EUR/USD  | Data | Chart | Calendar

CURRENCY INVESTORS Euro Dollar Exchange Opens The EURUSD decreased 0.0005 or 0.04% to 1.1524 on Thursday July 20 from 1.1529 in the previous trading session. Historically, the Euro Dollar Exchange Rate – EUR/USD reached an all time high of 1.87 in July of 1973 and a record low of 0.70 in February of 1985. The euro was only introduced as a currency on the first of January of 1999. However, synthetic historical prices going back much further can be modeled if we consider a weighted average of the previous currencies.

A temporary top is in place at 1.1582 in EUR/USD. Intraday bias is turned neutral first for some consolidations. But overall, outlook will remain bullish as long as 1.1312 support holds. Above 1.1582 will target 1.1615 key resistance. Decisive break there will pave the way to 1.2 handle next.

In the bigger picture, the firm break of 1.1298 resistance further affirm medium term reversal. That is, an important bottom was formed at 1.0339 on bullish convergence condition in weekly MACD. Further rise would be seen to 55 month EMA (now at 1.1756). Sustained break there will pave the way to 38.2% retracement of 1.6039 (2008 high) to 1.0339 (2017 low) at 1.2516 next. This will now remain the favored case as long as 1.1118 support holds.



Euro Dollar Exchange Opens

Euro Dollar Exchange Rate – EUR/USD

The EURUSD spot exchange rate specifies how much one currency, the EUR, is currently worth in terms of the other, the USD. While the EURUSD spot exchange rate is quoted and exchanged in the same day, the EURUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides the latest reported value for – Euro Dollar Exchange Rate – EUR/USD – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Dollar Exchange Rate – EUR/USD – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1.15 1.15 1.87 0.70 1957 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



GBPUSD Pound Jumps to 1.25, Markets Eye Autumn

CURRENCY INVESTORS British Pound Opens Down Thursday July 20

British Pound  1957-2017 | Data | Chart | Calendar | Forecast | News


source: tradingeconomics.com
CURRENCY INVESTORS British Pound Opens  The GBPUSD decreased 0.0008 or 0.06% to 1.3026 on Thursday July 20 from 1.3034 in the previous trading session. Historically, the British Pound reached an all time high of 2.86 in December of 1957 and a record low of 1.05 in February of 1985.

GBP/USD remains neutral for consolidation below 1.3125 temporary top. Another rise would be seen as long as 1.2811 support holds. Break of 1.3125 will target 61.8% projection of 1.2108 to 1.3047 from 1.2588 at 1.3168. Overall, choppy rebound from 1.1946 is seen as a corrective pattern, hence, we’d be cautious on strong resistance from 1.3168 to limit upside. But firm break of 1.3168 will bring further rise towards 1.3444 key resistance. Meanwhile, break of 1.2811 support will be the first sign of reversal and will turn bias to the downside to target 1.2588 key support next.

In the bigger picture, overall, price actions from 1.1946 medium term low are seen as a corrective pattern that is still in progress. While further upside is expected, overall outlook remains bearish as long as 1.3444 key resistance holds. Larger down trend from 1.7190 is expected to resume later after the correction completes. And break of 1.2588 will indicate that such down trend is resuming.



British Pound Opens

British Pound

The GBPUSD spot exchange rate specifies how much one currency, the GBP, is currently worth in terms of the other, the USD. While the GBPUSD spot exchange rate is quoted and exchanged in the same day, the GBPUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – British Pound – actual values, historical data, forecast, chart, statistics, economic calendar and news. British Pound – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1.30 1.30 2.86 1.05 1957 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



USDJPY Yen Steady Ahead of US Housing, Manufacturing Reports

CURRENCY INVESTORS Japanese Yen Opened Down Thursday July 20

Japanese Yen  | Data | Chart | Calendar | Forecast | News

CURRENCY INVESTORS Japanese Yen Opened The USDJPY decreased 0.0050 or 0.00% to 111.8250 on Thursday July 20 from 111.8300 in the previous trading session. Historically, the Japanese Yen reached an all time high of 306.84 in December of 1975 and a record low of 75.74 in October of 2011.

USD/JPY’s fall from 114.49 is still in progress and intraday bias remains on the downside. Sustained trading below 55 day EMA (now at 112.02) will target 197.71 support. As noted before, whole correction from 118.65 is possibly still in progress. Break of 108.81 will confirm and target 61.8% retracement of 98.97 to 118.65 at 106.48. On the upside, above 112.22 minor resistance will turn intraday bias neutral first.

In the bigger picture, the corrective structure of the fall from 118.65 suggests that rise from 98.97 is not completed yet. Break of 118.65 will target a test on 125.85 high. At this point, it’s uncertain whether rise from 98.97 is resuming the long term up trend from 75.56, or it’s a leg in the consolidation from 125.85. Hence, we’ll be cautious on topping as it approaches 125.85. If fall from 118.65 extends lower, down side should be contained by 61.8% retracement of 98.97 to 118.65 at 106.48 and bring rebound.



Japanese Yen Opened

Japanese Yen

The USDJPY spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the JPY. While the USDJPY spot exchange rate is quoted and exchanged in the same day, the USDJPY forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Japanese Yen – actual values, historical data, forecast, chart, statistics, economic calendar and news. Japanese Yen – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
111.83 111.82 306.84 75.74 1972 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)



USDCHF Clawing Back Following Monday’s Break

CURRENCY INVESTORS Swiss Franc Early Rise Thursday July 20

Swiss Franc | Data | Chart | Calendar | Forecast | News

CURRENCY INVESTORS Swiss Franc Early  The USDCHF increased 0.0001 or 0.01% to 0.9548 on Thursday July 20 from 0.9547 in the previous trading session. Historically, the Swiss Franc reached an all time high of 3.88 in April of 1972 and a record low of 0.72 in August of 2011.

USD/CHF remains on the downside for the moment. Current fall from 1.0342 should target 0.9443 key support level next. At this point, we’d expect strong support from there to bring rebound. Nonetheless, break of 0.9699 resistance is needed to indicate short term bottoming. Otherwise, outlook will remain bearish in case of recovery.

In the bigger picture, USD/CHF is still bounded in medium term range of 0.9443/1.0342 for the moment. Consolidative trading would likely continue and medium term outlook remains neutral. Break of 1.0342 key resistance is needed to confirm underlying bullish momentum in the pair. Meanwhile, downside attempts should be contained by 0.9443 key support level. However, sustained break of 0.9443 will carry larger bearish implication and target 0.9 handle.



Swiss Franc Early

Swiss Franc

The USDCHF spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CHF. While the USDCHF spot exchange rate is quoted and exchanged in the same day, the USDCHF forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Swiss Franc – actual values, historical data, forecast, chart, statistics, economic calendar and news. Swiss Franc – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
0.95 0.96 3.88 0.72 1972 – 2017 Daily

 

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)


USDCAD Trump Shock Pushes Canadian Dollar Down

CURRENCY INVESTORS Canadian Dollar Early Drop Thursday July 20

Canadian Dollar | Data | Chart | Calendar | Forecast | News

CURRENCY INVESTORS Canadian Dollar Early The USDCAD decreased 0.0026 or 0.20% to 1.2601 on Thursday July 20 from 1.2626 in the previous trading session. Historically, the Canadian Dollar reached an all time high of 1.61 in January of 2002 and a record low of 0.92 in November of 2007.

USD/CAD continues to lose downside momentum as seen in 4 hour MACD. But there is no sign of bottoming yet. Intraday bias stays on the downside. Current decline from 1.3793 should target a test on 1.2460 low next. Meanwhile, considering bullish convergence condition in 4 hour MACD, break of 1.2770 will indicate short term bottoming In such case, there will be lengthier consolidation before staging another decline.

In the bigger picture, price actions from 1.4689 medium term top are seen as a correction pattern. Fall from 1.3793 is seen as the third leg and should target 50% retracement of 0.9406 to 1.4869 at 1.2048. At this point, we’d look for strong support from there to contain downside and bring rebound. However, firm break there will target 100% projection of 1.4689 to 1.2460 from 1.3793 at 1.1564.



Canadian Dollar Early

Canadian Dollar

The USDCAD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the CAD. While the USDCAD spot exchange rate is quoted and exchanged in the same day, the USDCAD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Canadian Dollar – actual values, historical data, forecast, chart, statistics, economic calendar and news. Canadian Dollar – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
1.26 1.26 1.61 0.92 1972 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)


AUDUSD flirting with 2-month lows

CURRENCY INVESTORS Australian Dollar rising Today Thursday July 20

Australian Dollar  | Data | Chart | Calendar | Forecast | News

CURRENCY INVESTORS Australian Dollar rising  The AUDUSD increased 0.0162 or 2.07% to 0.7960 on Wednesday July 19 from 0.7798 in the previous trading session. Historically, the Australian Dollar reached an all time high of 1.10 in July of 2011 and a record low of 0.48 in April of 2001.

AUD/USD remains on the upside for 61.8% projection of 0.6826 to 0.7833 from 0.7328 at 0.7950. Decisive break there will target 100% projection at 0.8335 next. On the downside, below 0.7838 minor support will turn intraday bias neutral and bring pull back. But downside should be contained by 0.7711 resistance turned support to bring rally resumption.

In the bigger picture, current development suggests that rebound from 0.6826 is developing into a medium term rise. There is no confirmation of trend reversal yet and we’ll continue to treat such rebound as a corrective pattern. But in any case, further rise is now expected to 55 month EMA (now at 0.8100) or even further to 38.2% retracement of 1.1079 to 0.6826 at 0.8451. Break of 0.7328 support is needed to confirm completion of the rebound. Otherwise, further rise is now expected.



Australian Dollar rising

Australian Dollar

The AUDUSD spot exchange rate specifies how much one currency, the AUD, is currently worth in terms of the other, the USD. While the AUDUSD spot exchange rate is quoted and exchanged in the same day, the AUDUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Australian Dollar – actual values, historical data, forecast, chart, statistics, economic calendar and news. Australian Dollar – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.79 1.10 0.48 1993 – 2017 Daily

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major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD) (USDCNY)