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FOREX update Monday April 22

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FOREX update Monday April 22
  • 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.
EUR/USD leaving its 2024 lows

GBP/USD showing Pound weakness for the third consecutive weak

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