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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

​​​EUR/USD, GBP/USD and AUD/USD rallies stall ahead of FOMC minutes​​​

​​​EUR/USD, GBP/USD stall around 2024 peaks while AUD/USD rally slows ahead of July FOMC minutes release.​​

AUD Source: Adobe images

​​​EUR/USD probes December peak

EUR/USD has practically reached its December peak at $1.1139, around which it is expected to at least short-term pause.

​Potential slips should find support around last week's high at $1.1047.

EUR/USD chart Source: TradingView.com
EUR/USD chart Source: TradingView.com

​GBP/USD stalls around July peak

GBP/USD has reached its July peak at $1.3045 before short-term consolidating.

​Minor support is seen around Tuesday's $1.2873 high.

GBP/USD chart Source: TradingView.com
GBP/USD chart Source: TradingView.com

​AUD/USD rally is ongoing

AUD/USD's sharp rally off its $0.6349 low is approaching its July peak at $0.6798.

Minor support is now seen between the May peak at $0.6714 and the 12 June high at $0.6704.

AUD/USD chart Source: TradingView.com
AUD/USD chart Source: TradingView.com

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