AUDUSD: The AUDUSD closing a negative day yesterday, after posting a new monthly high at early stages of the day, the AUSUSD eventually closing lower. The AUDUSD continues his declines from yesterday and is currently trading at 0.9040. Next support zone is at 0.9033 and a break below exposes .8966 next. Alternatively resistance is at 0.9121, the daily high, with a break below exposing the weekly and monthly high as well at 0.9232.
NZDUSD: The NZDUSD coming off the monthly and weekly highs posted yesterday as well. The NZDUSD and AUDUSD tend to move in the same direction. Price action on the kiwi dollar retracing all of the gains made last week. Support is at 0.7934, with a break below exposes 0.7902, followed by 0.7850. Alternatively resistance is at 0.8068, the daily high, with a break above exposing 0.8097 next, followed by 0.8160, the monthly and weekly high.
USDCHF: The USDCHF closing lower yesterday and trading below the support trend line set from February. Next support is at 0.9216, with a break below exposing 0.9175 next. Alternatively support is at 0.9287, a break above expose 0.9339 next, followed by 0.9390.
XAUUSD: Gold posting a bullish candle last Thursday, breaking above last month’s high. The last month high at 1347.18 which served as resistance, now acts as nearest support. A break below that level exposes 1338.17 next, followed by 1315.69. Alternatively nearest resistance is at 1394.74, with a break above exposes 1419.55 next.