EUR/GBP Technical Analysis

– The British Pound was lower against the U.S. Dollar on Friday. GBP/USD was trading at 1.5740, down 0.36% at time of writing. The pair was likely to find support at 1.5737, today’s low, and resistance at 1.6123, Monday’s high. Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.04% to hit 0.8042 and GBP/JPY falling 0.41% to hit 124.72.

– The U.S. Dollar was higher against the Swiss Franc on Friday. USD/CHF was trading at 0.9476, up 0.20% at time of writing. The pair was likely to find support at 0.9309, Monday’s low, and resistance at 0.9482, Thursday’s high. Meanwhile, the U.S. Dollar was up against the Euro and the Japanese Yen, with EUR/USD shedding 0.19% to hit 1.2674 and USD/JPY rising 0.23% to hit 79.46.

– The U.S. Dollar was higher against the Japanese Yen on Friday. USD/JPY was trading at 79.43, up 0.20% at time of writing. The pair was likely to find support at 79.14, Thursday’s low, and resistance at 80.55, Wednesday’s high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.12% to hit 1.2683 and GBP/USD falling 0.20% to hit 1.5766.

– Crude oil futures were higher in Asian trading hours on Friday.On the New York Mercantile Exchange, Crude oil futures for June delivery traded at USD92.63 a barrel at time of writing rising 0.08%.It earlier traded at a session high USD92.94 a barrel. Crude oil was likely to find support at USD91.81 and resistance at USD95.79.US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.06% to trade at USD81.74.Elsewhere on the ICE, Brent oil for July delivery rose 0.27% to trade at USD107.34 a barrel, with the spread between the Brent oil and Crude oil contracts standing at USD14.71 a barrel.

– The Euro was lower against the U.S. Dollar on Friday. EUR/USD was trading at 1.2689, down 0.07% at time of writing. The pair was likely to find support at 1.2668, Thursday’s low, and resistance at 1.2905, Monday’s high. Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.14% to hit 0.8049 and EUR/JPY rising 0.10% to hit 100.78.

– The British Pound was higher against the Japanese Yen on Friday. GBP/JPY was trading at 125.26, up 0.02% at time of writing. The pair was likely to find support at 125.15, Thursday’s low, and resistance at 128.88, Monday’s high. Meanwhile, the British Pound was down against the U.S. Dollar and the Euro, with GBP/USD shedding 0.12% to hit 1.5778 and EUR/GBP rising 0.07% to hit 0.8044.

– The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 79.40, up 0.16% at time of writing. The pair was likely to find support at 79.14, today’s low, and resistance at 80.55, Wednesday’s high. Meanwhile, the U.S. Dollar was up against the Euro and the British Pound, with EUR/USD shedding 0.04% to hit 1.2692 and GBP/USD falling 0.09% to hit 1.5783.

– The New Zealand Dollar was lower against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7630, down 0.05% at time of writing. The pair was likely to find support at 0.7622, today’s low, and resistance at 0.7829, Monday’s high. Meanwhile, the New Zealand Dollar was down against the Australian Dollar and up against the Euro, with AUD/NZD gaining 0.001% to hit 1.2956 and EUR/NZD falling 0.07% to hit 1.6626.

– U.S. stocks were down after the closing bell on Thursday. At the close of U.S. trade, the Dow Jones Industrial Average fell 1.24%, the S&P 500 index shed 1.51%, while the Nasdaq 100 index declined 2.05%. Meanwhile, across the Atlantic, European stock markets closed lower. France’s CAC 40 was down 1.20%; Germany’s DAX shed 1.18%; Britain’s FTSE 100 declined 1.24%; and the EURO STOXX 50 fell 1.31%.

– Gold futures were higher during the U.S. session on Thursday.On the Comex division of the New York Mercantile Exchange, Gold futures for June delivery traded at USD1573.15 a troy ounce at time of writing rising 2.38%.It earlier traded at a session high USD1579.55 a troy ounce. Gold was likely to find support at USD1526.95 and resistance at USD1585.65.US Dollar Index, which tracks the performance of the greenback versus a basket of six other major currencies, rose 0.02% to trade at USD81.66.Elsewhere on the Comex, Silver for July delivery rose 2.90% to trade at USD27.985 a troy ounce while Copper for July delivery fell 0.55% to trade at USD3.459 a pound.