Forex Signals UpdatesWatch this thread
EURUSD R1-1.1736 R2-1.1768 S1-1.1650 S2-1.1597
USDJPY R1-110.10 R2-110.41 S1-109.42 S2-109.05
GBPUSD R1-1.3307 R2-1.3334 S1-1.3236 S2-1.3194
USDCHF R1-0.9889 R2-0.9909 S1-0.9852 S2-0.9835
AUDUSD R1-0.7440 R2-0.7466 S1-0.7392 S2-0.7369
EURUSD R1-1.1701 R2-1.1754 S1-1.1615 S2-1.1582
USDJPY R1-110.41 R2-110.75 S1-109.55 S2-109.03
GBPUSD R1-1.3380 R2-1.3337 S1-1.3179 S2-1.3135
USDCHF R1-0.9939 R2-0.9965 S1-0.9872 S2-0.9831
AUDUSD R1-0.7420 R2-0.7445 S1-0.7375 S2-0.7355
EURUSD R1-1.1638 R2-1.1721 S1-1.1506 S2-1.1457
USDJPY R1-110.62 R2-110.97 S1-109.79 S2-109.32
GBPUSD R1-1.3197 R2-1.3281 S1-1.3068 S2-1.3023
USDCHF R1-1.0004 R2-1.0034 S1-0.9917 S2-0.9860
AUDUSD R1-0.7392 R2-0.7444 S1-0.7306 S2-0.7272
In forex today, markets started to wind up ahead of Wednesday's US Fed rate call, coming in for a landing at 18:00 GMT, and markets are broadly expecting a 0.25% rate hike.
Broader markets remain quiet in the run-up to the US Fed action, though a kick in New Zealand's business confidence reading early in Wednesday's trading saw some support for the Antipodeans.
The EUR/USD is trading flatly near 1.1760 ahead of Monday's Fed action, and with the current path of Fed rate hikes already fairly priced into the EUR/USD, it's unlikely that today's upcoming rate hike will see much downside action for the major pair.
The U.S. dollar was little changed on Friday, while the Aussie dollar edged up ahead of the October’s monetary policy decision from the Reserve Bank of Australia due next week.
The U.S. dollar index which tracks the greenback against a basket of its peers was trading at 94.60, down 0.01% by 1:30AM ET (05:30 GMT), following its overnight rally on the back of economic policy uncertainty in Italy.
The Canadian dollar rose to a four-month high at 1.2837 per U.S. dollar before giving up some gains. It last traded about 0.4 percent higher at $1.2852.
The yen weakened to 113.85 per dollar, reaching its lowest since the middle of November last year before giving up some gains.
The yen last traded 0.05 percent higher at 113.77 yen.
The euro traded flat with worries about a rise in Italy's deficit weighing on the single currency after the Italian government agreed to set a higher than expected budget deficit target.
The euro last changed hands at $1.1610, not far off a more than two-week low of $1.1569 touched on Friday.