EUR/USD keeps pushing lower
The decline of EUR/USD continues, pushing to new lows today.
Further declines bring support into play at $1.2165 and then $1.2092, with the rising 50-day simple moving average (SMA) of $1.2065 also a possible area of support.
EUR/USD price chart
GBP/USD weaker ahead of BoE announcement
The price for GBP/USD faltered yesterday and turned lower, with sellers continuing to push the price lower.
Now Tuesday’s low at $1.3836 is under threat, and if this goes then the September peak at $1.3659 comes into view.
GBP/USD price chart
AUD/USD tumbles to key support
The pullback to $0.78 has put a serious dent in the rally from the December lows for AUD/USD.
Attempts at intraday rallies have been firmly sold, so it appears that the sellers remain in control. Below $0.78, the 200-day SMA at $0.7752 comes into view, as does previous support at $0.7748.
AUD/USD price chart