{"id":7322,"date":"2021-08-09T04:16:54","date_gmt":"2021-08-09T04:16:54","guid":{"rendered":"https:\/\/www.xtreamforex.com\/?p=7322"},"modified":"2021-08-09T04:16:54","modified_gmt":"2021-08-09T04:16:54","slug":"eur-usd-bears-battle-four-month-old-support-near-1-1750","status":"publish","type":"post","link":"https:\/\/www.xtrememarkets.com\/MU\/eur-usd-bears-battle-four-month-old-support-near-1-1750\/","title":{"rendered":"EUR\/USD: Bears battle four-month-old support near 1.1750"},"content":{"rendered":"<h1>EUR\/USD: Bears battle four-month-old support near 1.1750<\/h1>\n<p>The <a href=\"https:\/\/www.xtrememarkets.com\/mu\/\">EUR\/USD<\/a> pair is negative, as per the day-by-day graph. It has sped up its droop in the wake of breaking under a now negative 20 SMA, while the more drawn out ones stay far over the current levels. Specialized pointers crossed their midlines into a negative domain, keeping up with their solidly negative inclines. In general, EUR\/USD is running across. As of late, EUR\/USD broke the support zone of 1.18200 get-togethers arrival of the heavenly U.S. Non-Farm Payroll occupations report last Friday. EUR\/USD&#8217;s next support zone is at 1.16300 and the following resistance zone is at 1.18200. Search for selling chances of EUR\/USD.<\/p>\n<p><strong>GBP\/USD refreshes weekly lows below 1.3850 on USD strength<\/strong><\/p>\n<p>The GBP\/USD pair settled a couple of pips under a close term ascendant pattern line. The everyday graph shows that the pair couldn&#8217;t progress past a level 100 SMA, yet in addition that changes are on the potential gain. Generally, GBP\/USD is going across. As of late, GBP\/USD weakened and broke beneath the vital resistance of 1.39 get-togethers arrival of the heavenly U.S. Non-Farm Payroll occupations report last Friday. GBP\/USD&#8217;s next support zone is at 1.38000 and the following resistance zone is at 1.40000. Search for momentary selling chances of GBP\/USD.<\/p>\n<p><strong>USD\/CAD: Stays on the way to 1.2610 resistance<\/strong><\/p>\n<p>USD\/CAD ascends to 1.2581, up 0.21% intraday, during early Monday morning in Asia. A fruitful exchanging over 100 and 200-SMA, just as a reasonable bob off a climbing support line from late June, favors the statement&#8217;s further upside. Overall, USD\/CAD is going across. As of late, USD\/CAD fortified and bobbed up from the vital resistance of 1.25 get-togethers arrival of the heavenly U.S. Non-Farm Payroll occupations report last Friday. Currently, USD\/CAD is moving towards the resistance zone of 1.26100 and the following support zone is at 1.24500. Search for buying chances of USD\/CAD after it breaks over the resistance zone of 1.26100.<\/p>\n<p><strong>XAU\/USD rebounds above $1700, not out of the woods yet<\/strong><\/p>\n<p>With this new decrease, the Relative Strength Index (RSI) marker on the day-by-day outline dipped under 40 yet keeps on remaining over 30, proposing that there is more space on the drawback before XAU\/USD become oversold. Besides, the pair stays on target to close underneath the 100-day SMA interestingly since mid-June, reaffirming the negative change in the close term specialized standpoint. On the disadvantage, the underlying resistance is situated at $1,760 (static level). Beneath that level, the following objective could be seen at $1,750 (June 29 low). Protections, then again, are situated at $1,800 (mental level), $1,805 (100-day SMA) and $1,820 (200-day SMA).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD: Bears battle four-month-old support near 1.1750 The EUR\/USD pair is negative, as per the day-by-day graph. It has sped up its droop in the wake of breaking under a now negative 20 SMA, while the more drawn out ones stay far over the current levels. Specialized pointers crossed their midlines into a negative domain,<\/p>\n... <a href=\"https:\/\/www.xtrememarkets.com\/MU\/eur-usd-bears-battle-four-month-old-support-near-1-1750\/\">continue reading<\/a>.","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[17],"tags":[182,183,165,157],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>EUR\/USD: Bears battle four-month-old support near 1.1750<\/title>\r\n<meta name=\"description\" content=\"The EUR\/USD pair is negative, as per the day-by-day graph. 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