Check out our updated FX charts and trading ideas for the Aussie Dollar, British Pound, Euro, and U.S. dollar.


Australian Dollar
Technicals (December)
50 DMA = 0.64550
200 DMA = 0.66120
Trend Reversal Point = 0.64550
Australian Dollar futures flipped to a Bullish Trend on November 6th at 0.65000 and would take a close below 0.64550 to shift back to a Neutral Trend. Traders will want to watch the 200 DMA as near-term resistance while using the 50 DMA for risk management on long positions.
Bias: Bullish/Neutral
Previous Session Bias: Bullish/Neutral
Resistance: 0.66935**, 0.67270***
Pivot: 0.64930
Support: 0.64550**, 0.63500-0.63000** (Contract lows)

British Pound
Technicals (December)
50 DMA = 1.2342
200 DMA = 1.2489
Trend Reversal Point = 1.2405
British Pound futures flipped to a bullish trend at 1.2503 on November 14th and, after an initial rise, are starting to drift lower. It would take a close below 1.2405 to shift back to a neutral trend.
Bias: Bullish/Neutral
Previous Session Bias: Neutral
Resistance: 1.2700-1.2750**, 1.3000***
Pivot: 1.2489
Support: 1.2405**, 1.2275**, 1.2131**

Canadian Dollar
Technicals (December)
50 DMA = 0.73090
200 DMA = 0.74155
Bull Trade Trigger = 0.73735
Trend Reversal Point = 0.72935
Canadian dollar futures flipped to a Bullish trend on November 28 at 0.73735. Only a close below 0.72935 would return the currency to a Neutral Trend.
Bias: Bullish/ Neutral
Previous Session Bias: Bullish/ Neutral
Resistance: 0.74155**, 0.74500**, 0.76000***
Pivot: 0.73090
Support: 0.72935**, 0.72460**, 0.72250-0.72000**

Euro Currency
Technicals (December)
50 DMA = 1.07195
200 DMA = 1.08965
Trend Reversal Point = 1.07490
Euro Currency futures flipped to a bullish trend at 1.08965 on November 14th and have stalled at the 1.1000 level. Since then, prices have stalled and drifted lower. It would take a close below 1.07490 to shift back to a neutral trend.
Bias: Bullish/Neutral
Previous Session Bias: Bullish/ Neutral
Resistance: 1.10000**, 1.11000***
Pivot: 1.08965 (200 DMA)
Support: 1.07490-1.06800**

Japanese Yen
Technicals (December)
50 DMA = 0.674132
200 DMA = 0.723702
Bull Trade Trigger = 0.674293
Trend Reversal Point = 0.67155
Japanese Yen futures flipped to a Bullish trend on November 28 at 0680450. Only a close below 0.667155 would return the currency to a Neutral Trend.
Bias: Bullish/Neutral
Previous Session Bias: Neutral
Resistance: 0.700560**, 0.725000***
Pivot: 0.674078

Swiss Franc
Technicals (December)
50 DMA = 1.12015
200 DMA = 1.13320
Trend Reversal Point = 1.12851
Swiss Franc futures flipped to a Bullish trend on November 14 at 1.12925. Only a close below 1.12851 would return the currency to a Neutral Trend.
Bias: Bullish / Neutral
Previous Session Bias: Neutral
Resistance: 1.15500-1.15800***
Pivot: 1.13390
Support: 1.12335**, 1.10715*, 1.10000***

U.S. Dollar
Technicals (December)
50 DMA = 105.020
200 DMA = 103.035
Trend Reversal Point = 104.830
The U.S. dollar futures flipped to a bearish trend at 103.907 on November 14th, and it would take a close above 1.0483 to shift back to a neutral trend.
Bias: Bearish/Neutral
Previous Session Bias: Bearish/ Neutral
Resistance: 105.020**, 106.425** 107.00-107.50***
Pivot: 104.000
Support: 103.035**, 102.500**, 101.000***

Phillip Streible, Chief Market Strategist