EUR/USD continues to gain
A steady push higher continues for EUR/USD, with some early weakness this morning a possible buying opportunity.
Further gains above the 50-day simple moving average (SMA) of $1.1586 would indicate a move towards $1.17 and then key resistance around $1.18. A close below $1.15 reinvigorates the bearish case.
EUR/USD price chart
GBP/USD lifted by Brexit hopes
GBP/USD continues to see gains, with intraday weakness still finding buyers.
The next stop is the $1.33 area, while dips below $1.317 would potentially suggest that indecision is setting in ahead of the weekend.
GBP/USD price chart
AUD/USD tiptoes higher
AUD/USD’s march lower seen over the past few months has stalled over the previous week, but the recovery has been modest at best.
The first upside level to watch is $0.716, followed by the still-intact downtrend line from January, which suggests resistance around $0.72.
AUD/USD price chart