IG
No results found

View more search results

1 2 3 4 5 6 7 8 9 10
Related search: Market Data
Market Data Type of market
See all Market data search results >
Established in 1974 Over 195,000 clients worldwide Over 15,000 markets

FX levels to watch: EUR/USD, GBP/USD and USD/JPY

Brexit headlines are rocking GBP pairs this morning, while the euro is back under pressure.

Chris Beauchamp

Chris Beauchamp
Market Analyst, London

2018-11-15T10:38:31+0000

Euros
Source: Bloomberg

EUR/USD still stuck in downtrend

EUR/USD has rallied off the lows but remains in a broader downtrend from the highs of September.

A failure to push on above $1.135 would signal that we have more declines ahead, while a rally above this level would head towards $1.1554.

EUR/USD chart

EUR/USD chart

EUR/USD chart

GBP/USD rocked by Brexit headlines

The rally of GBP/USD earlier in the week has faltered, and the price finds itself back below $1.305.

Further declines will head towards $1.28, the lows from earlier in the week, while a rally above $1.305 would open the way to $1.32. With headlines appearing throughout the day, the pair is likely to be particularly volatile.

GBP/USD chart

GBP/USD chart

GBP/USD chart

USD/JPY falters again

USD/JPY continues to weaken, and we look for further declines towards the 50-day simple moving average (SMA) at ¥112.76.

Rallies have been sold into over the past few days, but a rebound above ¥113.64 would be bullish in the near term.

USD/JPY chart

USD/JPY chart

USD/JPY chart

The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.

Related articles in Forex news

See more

Find articles by analysts

Find out more about

Markets

Forex

Indices

Shares

Commodities

CFD trading

Our charges

Premium services

Institutional clients

Trading platforms

Web platform

Trading apps

Advanced platforms

Compare features

Market insight

News and analysis

Swiss market news

Contact us

Corporate governance

 

IG | Sitemap | Terms and agreements | Privacy | Cookies | About IG

Follow us online:

CFDS are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please consider our Risk Disclosure Notice and ensure that you fully understand the risks involved.

This website is owned and operated by IG Bank S.A. Registered address at 42 Rue du Rhone, 1204 Geneva, authorised and regulated by FINMA.

The information on this site is not directed at residents of the United States and Belgium, or any particular country outside Switzerland and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2003-2018

IG Group | Careers