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EUR/GBP, EUR/JPY side-lined while AUD/USD is capped by resistance
EUR/GBP, EUR/JPY side-lined while AUD/USD is capped by resistance amid stabilising US dollar.
EUR/GBP stays side-lined
EUR/GBP still range trades above last Tuesday's £0.8526 low, made close to the 10 April £0.8520 low, and below Monday's and last week's highs at £0.8613-to-£0.8623 which cap.
If bettered, the December 2023 peak at £0.8714 and the current April peak at £0.8738 high would be eyed.
EUR/JPY still side-lined
EUR/JPY continues to oscillate around the 200-day simple moving average (SMA) at ¥161.45 whilst trading below the December-to-April major resistance area at ¥164.08-to-¥164.90.
Below last Tuesday's ¥161.30 low, minor support can be spotted between the ¥160.74 21 March low and the 55-day SMA at ¥160.18.
AUD/USD capped by key resistance
AUD/USD trades back below the February-to-early April highs at $0.6388-to-$0.6408, having briefly dipped to $0.6344 on Thursday.
The 200-day SMA at $0.6464 remains in sight, though.
Below $0.6344 meanders the 55-day SMA at $0.6292.
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