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Date of Entry : 2018-12-06
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ma1 Daily News By XtreamForex

on Fri Apr 05, 2019 2:01 pm
Technical Overview of EUR/USD,
NZD/USD and GBP/USD Currency Pairs

EUR USD

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

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

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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