EUR/JPY broke the support line connecting June lows and thus resumed the downtrend which has been in place since the start of 2018.
Daily Market Analysis
EUR/AUD is currently testing the support line from the start of 2017.
It seems that BTC/USD formed a “double top” after it had met resistance at the 61.8% of the 2017-2018 decline in the 13,500 area.
Technical levels of AUD/CAD
XAU/USD soared in June but didn’t manage to get above 1,440. Is there a pattern on the chart?
The pair may hold at the support in the 0.9820 area for some time and try to test levels around 0.9870/90.
GBP/USD recovered last week from the 1.2440 area but met resistance around 1.2570.
The new earnings season has started in the United States…
Technical analysis of EUR/AUD
Last week EUR/NZD tried to test levels above 1.70 but failed to hold there and ultimately closed at 1.6820.
NZD/USD has been trading in a very volatile fashion recently. The latest development has been that the pair met resistance in the vicinity of 0.67.
It seems that EUR/CHF is having trouble with returning above 1.1150 (61.8% Fibo of the 2017-2018 advance; 50-month MA).