EURUSD

The empty EU calendar was not adept to give any market moving news. The pair was affected by external factors. The dollar fell on the rear of Trump’s victory. The pair strengthened overnight, touching its highest level since September. The pair moved to 1.1300 levels, breaking a bunch of levels on its path upside. After testing the level prices gave up their recent highs and forced back, falling to starting price. The EURUSD was holding around 1.1050 levels post-European session, consolidating its growth. The price smashed the 1.1050 level and widened its losses towards 1.0950 levels in the US session. 

 

The moving averages stayed neutral on the 4HR chart. The resistance seen at 1.1100 levels, the support found at 1.1050 levels. The MACD histogram decreased which signs a sell signal. Indicator RSI remained in a neutral region.

 

GBPUSD

 

The Donald Trump's victory knocked down the US dollar, moving it to the monthly lows. The pound traded blended on yesterday. Prices rallied in the Asian session, touching the monthly highs at 1.2550 levels. Yet, after snapping the level the pair turned back and sharply cut down to opening prices where it stands awaiting for fresh drivers. The 200-EMAs limited the pound strengthening too long. The pair just tested the moving which ignored it downwards. 

 

The values returned under the 200-EMAs and remained between the mentioned moving and neutral 50 and 100 EMAs in the 4HR chart. The resistance comes in 1.2500 levels, the support stays in 1.2400 levels. MACD indicator decreased which indicates the buyer’s spot weakening. RSI stays within the neutral region. We consider that the US dollar will stand under pressure on the back of a Trump victory. Buyers might try to regain their positions, climbing to the 1.2500 first levels.

 

USDJPY

 

The dollar weakened against the board when Trump was elected as the 45th US President. The pair sharply fell overnight, touching September lows. Still, the sell-off lost its legs around 101.16 levels where the pair twisted around and rallied to the 103.50 zone where the upward impetus ran out of steam, the value got under selling pressure once more. Yet, the pair extended its growth throughout the US hours. Prices moved higher, cracks the level of 104.00 and headed to 104.50 levels.

 

The pair traded around the 200-EMAs before US session opening in the 4HR chart. The 200-EMAs provided a strong resistance, limiting the dollar additional growth. The moving averages are twisting downside, after the price. The resistance remains at 103.50, the support stands at 103.00 levels. The MACD histogram decreased which indicates the seller’s power. The RSI indicator is close to the overvalued region, favoring a fresh move lower. If the downward tone stays intact the dollar will keep losing floor. Sellers will advance the price downside towards the level of 102.50. A technical correction towards 104.00 levels anticipated the short-term. A daily close under the mentioned level will unlock the path towards 103.50 levels.

 

XAUUSD

 

The yellow metal prices got under buying pressure among as Trump shocked markets by winning the US presidential election. Nevertheless, Trump’s winning speech afterward comforted markets and turned risk appetite back. Gold prices were adept to strengthen last night, touching its highest levels since September. Buyers were adept to force the price to 1335 levels but lost to hold onto growth. 

 

The pair sharply cut down and blocked at 1300 levels, coming across with buyer’s resistance. The metal stays around the mentioned level, consolidating its growth before the US session opening. The moving averages were neutral in the 4HR chart. The resistance will be at 1300 levels, the support appears at 1290 levels. The MACD histogram grew which hints the buyer’s growing strength. RSI oscillator bounced from the overbought region.