
The Australian economy has been on a steady recovery path, and now we have a very symbolic confirmation that S&P ASX 200 is about to cross 7000!
Today's focus is again on the British currency. The level of retail sales fell by 0.8%. At the moment GBP/USD is testing the support at 1.3094 (100-day MA). If there is more positive news concerning Brexit, the GBP will be supported. In that case, the pair can move up to the resistance at 1.3146.
In addition, the trade balance of Japan showed a surplus of 139.6 billion yen, while the deficit of -45.1 billion yen was expected. As a result, today USD/JPY is declining. The pair is moving downwards to the support at 111.90 (50-day MA). If there is any positive news concerning the USD, it will encourage the bulls to break the resistance at 112.65 and move up to the next resistance at 113.47.
The Australian economy has been on a steady recovery path, and now we have a very symbolic confirmation that S&P ASX 200 is about to cross 7000!
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Here are a short wrap of the latest news and the tech analysis of EUR/USD, AUD/USD, and gold.
Coinbase Global Inc., the leading cryptocurrency exchange in the US, will go public on the Nasdaq index on April 14!
The American inflation rate is announced on Tuesday at 15:30 MT. It’s an important event for traders as it will impact hugely currency pairs with the USD.
In this article, you'll find the latest news and tech analysis of EUR/USD, gold, and GBP/USD!
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