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
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.
Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
Start trading forex today
Trade the largest and most volatile financial market in the world.
- Spreads start at just 0.6 points on EUR/USD
- Analyse market movements with our essential selection of charts
- Speculate from a range of platforms, including on mobile
Live prices on most popular markets
- Forex
- Shares
- Indices
See more forex live prices
See more shares live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
See more indices live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.
