EUR/USD, EUR/GBP rise further still while AUD/USD gives back gains
EUR/USD, EUR/GBP rise further still while AUD/USD gives back gains amid traders increasing concern about the US administration’s tariff policy impact on the US economy.
EUR/USD stays bullish
EUR/USD still targets the November peak at $1.0936 ahead of the psychological $1.1000 region.
Potential support can be seen along the 200-day simple moving average (SMA) at $1.0721.
EUR/USD daily chart
EUR/GBP rises further still
EUR/GBP is on track for its seventh straight day of gains with the October highs at £0.8434 to £0.8447 now being within reach. Further up lies the January peak at £0.8473.
Potential slips may find support along the 200-day SMA at £0.8381.
EUR/GBP daily chart
AUD/USD gives back gains
AUD/USD's recovery off the $0.6187 low has taken it to last week's $0.6363 high before keeling over and revisiting the 55-day SMA at $0.6261. Below it lies last week's low at $0.6188.
Only a rise above last week's high at $0.6363 would put the February high at $0.6408 back on the cards.
AUD/USD daily chart
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