Don’t waste your time – keep track of how NFP affects the US dollar!
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Personal areaEUR/USD is moving inside the descending channel. The pair has failed to cross the support level of 1.1530 and reversed up. It is getting closer to the resistance level of 1.1585. If it manages to close above it, the way up to the November peak at 1.1615 will be clear. Support levels are the recent low of 1.1535 and the psychological mark of 1.1500.
Gold keeps moving inside the symmetrical triangle pattern. It has approached the strong resistance level of $1820. The move above this resistance level will clear the way up to the next barrier at $1830, which the pair will struggle to break. Support levels are the recent low of $1810 and the psychological mark of $1800.
GBP/USD tries to recover the losses. It has reversed up from the support level of 1.3425 but still failed to cross 1.3500. When it manages to do so, the way up to the next round number of 1.3550 will be clear. Support levels are 1.3470 and 1.3425.
