A look at what is on the board for today

FX
Invest in yourself. See our forex education hub.

There are quite a number of large ones to take note of today as highlighted in bold.

For EUR/USD, they are seen on either side of current levels so that is likely to continue to keep price action in between 1.2100 and 1.2200.

Meanwhile, a similar story can be said for USD/JPY in between 109.00 and 110.00 despite the track lower in Treasury yields yesterday.

For USD/CAD, there is a large one at 1.2080-90 that is likely to be seen as a magnet before rolling off later in the day. And for AUD/USD, there continues to be a decent chunk around 0.7750 – even next week – so that is keeping price action rather muted.

For more information on how to use this data, you may refer to this post here.

Leave a Reply

Your email address will not be published. Required fields are marked *