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EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 5, 2018

By:
Colin First
Published: Apr 5, 2018, 09:12 UTC

EUR/USD The pair has been having a very tight range of trading over the last few days and it continues over the last 24 hours as well. It seems as though

EUR/USD, AUD/USD, GBP/USD and USD/JPY Daily Outlook – April 5, 2018

EUR/USD

The pair has been having a very tight range of trading over the last few days and it continues over the last 24 hours as well. It seems as though the traders and the investors are waiting for the NFP tomorrow. …Read More

GBP/USD

The pair has been trading in a pretty buoyant manner over the past few days as the 1.40 region continues to lend some strong support for the pair in the short term. All that could change during the NFP data release. …Read More

AUD/USD

The pair has been trading pretty strongly as the demand for gold and other commodities increases and this is likely to benefit the Aussie in the long term. It remains to be seen whether the bulls can sustain the gains. …Read More

USD/JPY

The pair broke higher as it challenged the 107 region for a brief while. The yen had weakened across the board but the bulls do not have enough momentum to pursue any kind of serious attack on the resistance at the 108 region. …Read More

 

About the Author

Colin specializes in developing trading strategies and analyze financial instruments both technically and fundamentally. Colin holds a Bachelor of Engineering From Milwaukee University.

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