Intraday Market Outlook Wednesday, June 17 (USD/JPY, EUR/USD, & etc.)

Zulbahri_GB

Recruit
Messages
1
Hi everyone.
Dollar held firm against many of its rivals on Wednesday morning after U.S. retail sales jumped far more than expected in May, while risk-sensitive currencies were hobbled by concerns about the coronavirus and diplomatic tensions in Asia.

[USDJPY]
  • Stochastic oscillator value is around 30, approaching an oversold range.
  • The MACD is trading below its signal line and negative, the configuration is negative.
  • RSI oscillator is steadies around 50 value.
Important Levels to Watch for Today:
  • Resistance line of 107.982 and 108.610.
  • Support line of 106.555 and 105.995.
USDJPY.png



[EURUSD]
  • RSI oscillator steadies within normal range.
  • The MACD is trading above its signal line.
  • Dollar held firm against many of its rivals today morning after U.S. retail sales jumped far more than expected.
Important Levels to Watch for:
  • Resistance line of 1.1321 and 1.1419.
  • Support line of 1.1212 and 1.1146.
EURUSD.png


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https://goldenbrokers.my/en/daily-market-news-6
 
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