Technical Analysis

Support and Resistance for August 17 2018 - US Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1505 1.2880 111.40 0.7405 25700 1187.50
Resistance 2 1.1480 1.2830 111.00 0.7370 25650 1185.00
Resistance 1 1.1420 1.2770 110.70 0.7305 25600 1182.50
Market 1.1410 1.2730 110.40 0.7282 25540 1179.00
Support 1 1.1340 1.2720 110.30 0.7270 25500 1177.50
Support 2 1.1305 1.2660 109.80 0.7200 25540 1175.00
Support 3 1.1280 1.2620 109.40 0.7160 25500 1172.50
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Support and Resistance for August 17 2018 - European Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1505 1.2880 111.70 0.7405 25740 1187.50
Resistance 2 1.1480 1.2830 111.40 0.7370 25700 1185.00
Resistance 1 1.1420 1.2770 111.00 0.7305 25650 1182.50
Market 1.1410 1.2730 110.69 0.7282 25620 1179.00
Support 1 1.1340 1.2720 110.70 0.7270 25600 1177.50
Support 2 1.1305 1.2660 110.30 0.7200 25540 1175.00
Support 3 1.1280 1.2620 109.80 0.7160 25500 1172.50
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Market Review for August 17, 2018

Economic data released through the Asian session this morning was limited to New Zealand wholesale inflation figures for the 2nd quarter, leaving the markets to consider what lies ahead as China and Canada prepare to return to the negotiating table to discuss trade terms with the U.S, ahead of a resumption of trade talks between Japan and the U.S next month.

With the mid-terms rapidly approaching, the U.S President will be looking to wrap up trade talks to avoid a material impact on the U.S and global economies and for the U.S equity markets to recover from their recent sell-offs.

For the Kiwi Dollar, Producer Input Prices rise by 1% in the 2nd quarter, quarter-on-quarter, following a 1st quarter 0.6% rise.

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Support and Resistance for August 16 2018 - US Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1505 1.2880 111.70 0.7350 25600 1187.50
Resistance 2 1.1480 1.2830 111.40 0.7305 25540 1185.00
Resistance 1 1.1420 1.2770 111.00 0.7270 25500 1182.50
Market 1.1405 1.2742 110.65 0.7260 25485 1180.00
Support 1 1.1340 1.2720 110.70 0.7240 25440 1177.50
Support 2 1.1305 1.2660 110.30 0.7200 25400 1175.00
Support 3 1.1280 1.2620 109.80 0.7160 25360 1172.50
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Support and Resistance for August 16 2018 - European Session

Support Resistance:

Currency Pair EUR/USD GBP/USD USD/JPY AUD/USD Dow Jones
GOLD
Resistance 3 1.1480 1.2830 111.70 0.7350 25400 1187.50
Resistance 2 1.1420 1.2770 111.40 0.7305 25350 1185.00
Resistance 1 1.1380 1.2720 111.00 0.7270 25300 1182.50
Market 1.1368 1.2696 110.80 0.7260 25275 1180.00
Support 1 1.1340 1.2660 110.70 0.7240 25200 1177.50
Support 2 1.1305 1.2620 110.30 0.7200 25140 1175.00
Support 3 1.1280 1.2580 109.80 0.7160 25100 1172.50
Read more ...
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