Technical Overview of EUR/USD, AUD/USD and USD/CAD Currency Pairs

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EUR USD

The EUR traded a bit lower against the USD and closed at 1.1344

Need to monitor Fed’s Powell Speech and its impact on the prices of USD.

According to the Analysis, The pair is expected to find support at 1.13157, and a fall through could take it to the next support level of 1.12876. The pair is expected to find its first resistance at 1.13664, and a rise through could take it to the next resistance level of 1.13884. Precious Day range was 50 and Current Day Range is 12.6.

EURUSD

AUD USD

The AUD traded lower against the USD and closed at 0.7265, The trade balance released by the Australian Bureau of Statistics is the difference in the value of its imports and exports of Australian goods. Export data can give an important reflection of Australian growth, while imports provide an indication of domestic demand. 

The pair is expected to find support at 0.72311, and a fall through could take it to the next support level of 0.71949. The pair is expected to find its first resistance at 0.73267, and a rise through could take it to the next resistance level of 0.73887.

AUD/USD previous Day range was 95.9 and Current Day Range is 55.7.

AUDUSD

USD CAD

The USD strengthened 0.33% against the CAD and closed at 1.3353.

For CAD today’s events to keep an eye are Boc Governor Poloz Speech and Ivey Purchasing Managers Index s.a (Nov).

According to the analysis, USD/CAD pair is expected to find support at 1.32704, and a fall through could take it to the next support level of 1.31880. The pair is expected to find its first resistance at 1.34165, and a rise through could take it to the next resistance level of 1.34788.

USD/CAD previous day range was 146.7 and current day range is 52.6.

USDCAD

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