British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
British Pound Technical Analysis: GBP/USD, GBP/JPY, EUR/GBP
2021-04-22 02:00:00
Daniel Moss,
Analyst
British Pound, GBP/USD, GBP/JPY, EUR/GBP, IGCS – Talking Points:
Descending Channel break hints at further gains for GBP/USD.
Ascending Channel continuing to guide GBP/JPY higher.
EUR/GBP poised to extend losses after diving back below key support.
The British Pound is positioned to gain ground against its major counterparts in the near term, as a series of bullish technical patterns take shape across multiple GBP crosses. Here are the key levels to watch for GBP/USD, GBP/JPY and EUR/GBP in the weeks ahead.
Euro Price Forecast: EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD Key Levels 2021-04-08 02:00:00 Daniel Moss, Analyst
Euro Technical Analysis, EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD – Talking Points:
EUR/USD could extend gains after breaching Falling Wedge resistance.
EUR/JPY at risk of a reversal as prices carve out Double Top pattern.
EUR/NZD eyeing a more extended rebound higher after hurdling key resistance.
The under-fire Euro has sprung back to life in recent days and rebounded robustly against its major counterparts. While this dynamic looks set to continue against the higher-beta New Zealand Dollar, other funding currencies may regain lost ground in the coming days. Key levels to watch for EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD.
US Dollar Price Forecast: AUD/USD, GBP/USD, NZD/USD Levels to Watch dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Australian Dollar Price Forecast: AUD/USD, AUD/JPY, AUD/NZD 2021-03-09 03:00:00 Daniel Moss, Analyst
Australian Dollar, AUD/USD, AUD/JPY, AUD/NZD, IGCS – Talking Points:
AUD/USD consolidating above key supportive shelf.
AUD/JPY inverse Head and Shoulders pattern playing out.
AUD/NZD Double Top reversal still in play. Advertisement
As predicted in previous reports, the Australian Dollar has slipped lower against the haven-associated Japanese Yen and US Dollar in recent weeks, while climbing higher against its New Zealand counterparts, as risk appetite across global markets notably faded.
However, these dynamics may prove short-lived and eventually give way to the primary trends established back in March of 2020. Key levels to watch for AUD/USD, AUD/JPY and AUD/NZD rates.