Open trading account 
GBP/USD is contained for this day’s break points at 1.2525 and 1.2584. Its overbought at current prices yet below 1.2525, GBP/USD is well supported at 1.2456 and 1.2384. The larger range for many weeks is 1.2300, 1.2350 to 1.2800.EUR/USD needs a break at 1.0636 to target lower levels at 1.0560's. Massive and many resistance points lie above at 1.0636, 1.0686, 1.0715 and huge break at 1.0747. Above 1.0747, then far higher for EUR/USD.EUR/JPY is far oversold from its vital break at 118’s yet again as EUR/USD, resistance points were built into current prices at 115.94, 116.22 and 116.51. A break at 116.51 then next comes 118.54 and a wider range trade environment. However, USD/JPYand EUR/USD ranges compressed and are compressing further. This offers EUR/JPY little hope for a big move until the EUR/USD and USD/JPY logjam is broke.GBP/JPY offers the same scenrio as EUR/JPY and all JPY cross pairs, range compression is the current order of the day as GBP/USD and USD/JPY ranges compressed further. GBP/JPY bolted lower upon most vital 138 break but sits dead at 135’s. Must breaks higher musy be seen at 135.79 and 136.42 then wider trading ranges will be seen yet current 138.18 is dropping by the day. GBP/JPY is massively oversold and needs a correction higher.USD/JPY had a great shot higher before the Trump comments but after saw USD/JPY ranges compressed. 110.96 and a dropping line remains the overall most important break to travel higher. For today, USD/JPY is contained by 108.07 and above at 108.61.The further conundrum to USD/JPY and all USD pairs is not necessarily the Trump comments but DXY from 3 most important Trade Weight Indices and monthly averages is sky high overbought. Trump’s comments were dead on track, DXY needs a correction lower.NZD/USD sits mid range just below vital breaks at 0.7040 and 0.7083. As most important signal pair to the majors, NZD reveals more range trading ahead.AUD/USD is well supported at 0.7553 and 0.7561 but faces headwinds at 0.7677. The better day trade is found in AUD.EUR, GBP, JPY, AUD, NZD: Levels, Ranges, Targets[/url][url=http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.investing.com%2Fanalysis%2Feur%2C-gbp%2C-jpy%2C-aud%2C-nzd%3A-levels%2C-ranges%2C-targets-200183087&title=EUR%2C+GBP%2C+JPY%2C+AUD%2C+NZD%3A+Levels%2C+Ranges%2C+Targets&summary=][/url] [url=https://www.investing.com/analysis/eur,-gbp,-jpy,-aud,-nzd:-levels,-ranges,-targets-200183087#comments]Add a Comment
