Technical Overview of EUR/USD, NZD/USD and GBP/USD Currency Pairs
EUR USD
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The EUR traded higher against the USD and closed at 1.122.
Nonfarm Payrolls present the number of new jobs created during the given month, in all non-agricultural sectors of the U.S.
The indicator growth can have a positive effect on dollar quotes.
According to the Analysis, The pair is expected to find support at 1.12015, and a fall through could take it to the next support level of 1.11832. The pair is expected to find its first resistance at 1.12427, and a rise through could take it to the next resistance level of 1.12656.
Previous Day range was 41.2 and Current Day Range is 11.6.
NZD USD
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The NZD traded higher against the USD and closed at 0.6752.
The Average Hourly Earnings released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.
The pair is expected to find support at 0.67336, and a fall through could take it to the next support level of 0.67150. The pair is expected to find its first resistance at 0.67850, and a rise through could take it to the next resistance level of 0.68178.
NZD USD previous Day range was 51.4 and Current Day Range is 15.1.
GBP USD
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The GBP traded higher against USD and closed at 1.3071.
According to the analysis, pair is expected to find support at 1.30236, and a fall through could take it to the next support level of 1.29759. The pair is expected to find its first resistance at 1.31539, and a rise through could take it to the next resistance level of 1.32365.
GBP USD previous day range was 130.3 and current day range is 23.5.
EUR USD
cbpse-jnel4.jpg
The EUR traded higher against the USD and closed at 1.122.
Nonfarm Payrolls present the number of new jobs created during the given month, in all non-agricultural sectors of the U.S.
The indicator growth can have a positive effect on dollar quotes.
According to the Analysis, The pair is expected to find support at 1.12015, and a fall through could take it to the next support level of 1.11832. The pair is expected to find its first resistance at 1.12427, and a rise through could take it to the next resistance level of 1.12656.
Previous Day range was 41.2 and Current Day Range is 11.6.
NZD USD
cbol0-fb004.jpg
The NZD traded higher against the USD and closed at 0.6752.
The Average Hourly Earnings released by the US Department of Labor is a significant indicator of labor cost inflation and of the tightness of labor markets. The Federal Reserve Board pays close attention to when setting interest rates. A high reading is also positive for the USD, while a low reading is negative.
The pair is expected to find support at 0.67336, and a fall through could take it to the next support level of 0.67150. The pair is expected to find its first resistance at 0.67850, and a rise through could take it to the next resistance level of 0.68178.
NZD USD previous Day range was 51.4 and Current Day Range is 15.1.
GBP USD
cbvr6-8yuaq.jpg
The GBP traded higher against USD and closed at 1.3071.
According to the analysis, pair is expected to find support at 1.30236, and a fall through could take it to the next support level of 1.29759. The pair is expected to find its first resistance at 1.31539, and a rise through could take it to the next resistance level of 1.32365.
GBP USD previous day range was 130.3 and current day range is 23.5.
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