Technical analytics

Sellers managed to lead the euro to the 1.1550 level where the major faced some buying rejection and bounced back. 

Sellers’ managed to regain the 1.1600 level. 

The GBP/USD pair is still in the red. However, buyers managed to revert a minor portion of their recent losses and pushed the major the 1.3150 region where the 50 and 100 EMAs stopped their advance. 

Sellers pushed the US dollar towards the 114.00 handle and stopped a few pips below the level. 

Buyers tried to extend their recovery but met an obstacle around the 150.00 hurdle.

A fresh wave of the euro selling interest turned this market bearish. As a result, EUR/JPY sharply dropped and reached the 132.00 handle afterwards.

The NZD sellers failed to retake the 0.6900 region, the price just pierced the level and bounced from the EMA50 which lies a few pips below the level. A fresh buying interest helped the pair to recover some losses. 


DAX opened the day on a positive note. 

NASDAQ extended its near-term upward trajectory and hit fresh highs. 

A bid tone around Brent helped the benchmark to refresh highs.