Market updates on June 27

Market updates on June 27

  • According to the fresh press of Hong Kong, the US and China agreed to have a temporary trade truce ahead of the Trump-Xi meeting on Saturday. The Australian dollar rose on the improved risk-on sentiment. On H4, AUD/USD has been trading within the upward channel. The next resistance in the focus of bulls will lie at 0.7006. After the breakout, pay attention to the 0.7022 level. From the downside, the support levels lie at 0.6987 and 0.6966.

AUDUSDH4.png

  • During the Asian trading session, the level of ANZ business confidence fell to -38.1. The New Zealand dollar reacted negatively to this news but managed to recover. At the moment, NZD/USD is consolidating between the 0.6692 and 0.6675 levels on H4. If bearish pressure increases, the break of the 0.6675 level will help bears to target the next one at 0.6655. The next key level will lie at 0.6626. From the upside, if the resistance at 0.6692 is broken, the next resistance will lie at 0.6728.

NZDUSDH4.png

  • The EUR/USD pair is awaiting the release of final GDP for the US at 15:30 MT. If the USD is not supported today, the levels in focus will be placed at 1.1375, 1.1387 and 1.1402. Otherwise, the support levels for the pair are 1.1353, 1.1344 and 1.1335.

EURUSDH4.png

Similar

Latest news

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera