Skip to content

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

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 >

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

    A dire German PMI reading has sent EUR/USD flying, but to the downside, while USD/JPY remains under pressure following the Fed meeting.

    Video poster image
    Japanese yen United States dollar USD/JPY EUR/USD Euro GBP/USD

    Written by

    Chris Beauchamp

    Chris Beauchamp

    Chief Market Analyst

    Article publication date:

    EUR/USD sunk by PMI figures

    The poor German manufacturing purchasing managers index (PMI) has been felt here, with EUR/USD dropping like a stone for a second day.

    If it closes back inside the descending channel then the bearish view has undergone a remarkable revival, with a push towards the lower bound of the channel below $1.12 expected.

    EUR/USD chart
    EUR/USD chart

    GBP/USD hit by selling

    GBP/USD continues to press towards rising trendline support, but the downward trend of the past few days is intact.

    Sellers have come in at $1.314 to push the price back down, and further declines towards $1.30 seem likely.

    GBP/USD chart
    GBP/USD chart

    USD/JPY still under pressure

    Having fallen below rising trendline support, USD/JPY has come under fresh pressure.

    The price is funding some support above the 50-day simple moving average (SMA) at ¥110.40, but below this ¥109.55 is possible support. A rebound targets ¥111.40.

    USD/JPY chart
    USD/JPY chart

    This information has been prepared by IG, a trading name of IG Markets Ltd and IG Markets South Africa Limited. In addition to the disclaimer below, the material 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 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. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

    Start trading forex today

    Trade the largest and most volatile financial market in the world.

    • Spreads start at just 0.6 points on EUR/USD
    • Analyse market movements with our essential selection of charts
    • Speculate from a range of platforms, including on mobile

    Find out more

    Live prices on most popular markets

    • Forex
    • Shares
    • Indices


    See more forex live prices


    See more shares live prices


    See more indices live prices

    Prices above are subject to our website terms and agreements. Prices are indicative only

    Plan your trading week

    Get the week’s market-moving news sent directly to your inbox every Monday. The Week Ahead gives you a full calendar of upcoming economic events, as well as commentary from our expert analysts on the key markets to watch.

    You might be interested in…

    How much does trading cost?

    Find out about IG

    Plan your trading

    Find out what charges your trades could incur with our transparent fee structure.

    Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

    Stay on top of upcoming market-moving events with our customisable economic calendar.

    Markets

    Forex

    Indices

    Shares

    Other markets

    CFD trading

    International account

    Premium services

    Trading platforms

    Mobile trading

    TradingView

    MetaTrader 4

    ProRealTime

    Compare features

    Try our demo

    IG analysis

    News and trade ideas

    Weekly reports

    Contact us

    Interested in opening an account?

    Contact 010 500 8624 or

    newaccounts.za@ig.com

    Want to check on your application's progress? Email

    newaccounts.za@ig.com

    Clients: Help and support

    WhatsApp: Click here

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

    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Clients can lose more than they deposit. All trading involves risk.

    IG is a trading name of IG Markets Limited and IG Markets South Africa Limited. IG Markets South Africa Limited offers domestic accounts and IG Markets Limited offers international accounts.

    IG Markets South Africa Limited is authorised and regulated by the Financial Sector Conduct Authority (in South Africa) as an over-the-counter derivative provider and an authorised financial services provider (FSP No 41393). IG Markets Limited is authorised and regulated by the Financial Conduct Authority (in the UK).

    IG provides execution only services and enters into principal-to-principal transactions with its clients on IG’s prices. Such trades are not on exchange. Whilst IG Markets South Africa Limited is a regulated FSP and acts as an intermediary as understood in the FAIS Act in relation to the international accounts offered by IG Markets Limited, CFDs issued by IG are not regulated by the FAIS Act as they are undertaken on a principal-to-principal basis. CFDs issued by IG Markets South Africa Limited are regulated by the Financial Markets Act, and IG Markets South Africa Limited is a licenced over-the-counter derivative provider.

    South African residents are required to obtain the necessary tax clearance certificates in order to utilise their foreign investment allowance should the South African resident wish to open an international account with IG Markets Limited.

    The information on this site is not directed at residents of the United States or Belgium or any particular country outside South Africa 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.

    Voted SA’s top CFD provider in Business Day Investors Monthly Annual Stockbroker Awards in 2012, best platform for Active Day Traders in 2013 and 2014, SA's best Online Broker in 2015 and 2017 and SA's best CFD provider in 2020 as well as SA's Top CFD Broker in 2021.

    © 2003-2025

    IG Group | Careers | Marketing partnership