| | | | | FX Strategy 31 Aug 2020 | | | In the G10 FX Market, CAD and CHF are the top gainers today, up 0.15% and 0.09% versus the dollar while JPY and NZD are the top losers, down -0.36% and -0.25% versus the dollar, respectively. In the rates market, global yields were trading mixed today. The German 10-year was trading at -0.403, up 0.4bp. The US 10-year was trading at 0.724, flat 0.0bp. The UK 10-year was trading at 0.311, down -0.2bp. The Japan 10-year was trading at 0.046, down -1.0bp. | | | In the Asian equities, markets were trading mixed today. The Nikkei 225 was trading at 23139.76, up 1.12%. The Hang Seng was trading at 25437.25, up 0.06%. The Kospi was trading at 2326.17, down -1.17%. In the European equities, indices were trading stronger today. The DAX 30 was trading at 13100.35, up 0.52%. The Euro Stoxx 50 was trading at 3337.43, up 0.66%. | | | Looking at Equity Futures so far, the Euro Stoxx 50 Futures was trading at 3334.0, up 0.63%. The SP500 Futures was trading at 3517.62, up 0.37%. | | | In the Energy space, Oil futures were trading firm today. The Brent Crude Futures was trading at 46.34, up 2.86%. The WTI Crude Futures was trading at 43.33, up 0.84%. | | | 10-Year Yields Daily Chart (1-month) | | | | | | | Daily FX Pivots | | | | | | | Forex Chart and Technical Analysis | | | EURUSD Chart (Two-week) | | | | | | | Strategy: Support at 1.1879 for 1.1946
Short-term view: EURUSD support comes in at 1.1879 MACD and RSI have a bullish bias. Hence, we see a bounce to 1.1946 enter at 1.1901. Below 1.1879 to open 1.1837 | | | GBPUSD Chart (Two-week) | | | | | | | Strategy: Support at 1.3298 for 1.341
Short-term view: GBPUSD support comes in at 1.3298 MACD and RSI have a bullish bias. Hence, we see a bounce to 1.341 enter at 1.3335. Below 1.3298 to open 1.324 | | | USDJPY Chart (Two-week) | | | | | | | Strategy: Resistance at 106.47 for 104.73
Short-term view: USDJPY resistance comes in at 106.47 MACD and RSI have a bearish bias. Hence, we see a dip to 104.73 enter at 105.9. Above 106.47 to open 107.58 | | | AUDUSD Chart (Two-week) | | | | | | | Strategy: Support at 0.733 for 0.7404
Short-term view: AUDUSD support comes in at 0.733 MACD and RSI have a bullish bias. Hence, we see a bounce to 0.7404 enter at 0.735. Below 0.733 to open 0.7291 | | | | | | TraderMade
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