FOREX update Monday April 22
· Forex · MarketsFN Team
- EUR/USD is virtually unchanged, with a negligible decline of 0.0001 or 0.01% from its opening price. The pair is leaving oversold territory with an Stochastic indicator at 20.93 and making as well higher lows. Probable formation of a temporary bottom.
- GBP/USD has fallen by 0.0024, a decrease of 0.19%, suggesting a slight weakening of the Pound against the Dollar.
- USD/JPY has risen by 0.12, up by 0.07%, indicating a modest strengthening of the Dollar against the Yen, but the advance is still relevant as a new multiyear high have been reached.
- USD/CHF is up by 0.0014, an increase of 0.15%, showing a slight uptick for the Dollar against the Swiss Franc.
- AUD/USD has increased by 0.002, or 0.31%, pointing to a stronger Australian Dollar against the US counterpart.
- EUR/GBP has risen by 0.0018, a 0.21% increase, signaling a slight strength in the Euro against the Pound, thanks to weak GBP against USD.
- USD/CAD is down by 0.0031, a decrease of 0.23%, showing a drop in the Dollar against the Canadian Dollar.
- NZD/USD has increased by 0.0017, up by 0.29%, which suggests the New Zealand Dollar has strengthened against the US Dollar.
