setups

According to SocGen, if the EURNOK exchange rate falls below 11.09, it could continue to decline further.

The NZDUSD pair is currently experiencing a pullback from a support level that has been in place for the past 10 months. This decline is being supported by bearish signals from the Moving Average Convergence Divergence (MACD) indicator. According to the perspective of @nehcap, it is anticipated that there will be continued downward movement in the near future.

Societe Generale believes that in order to confirm the continuation of the upward trend, it is crucial for the USDINR exchange rate to surpass the resistance levels of 82.95/83.30 after currently standing at 82.7900.

There is a decline in the value of AUDUSD at 0.65316, as it faces selling pressure around the 0.6530 mark, resulting in a loss of 0.65% over the course of the day.

The likelihood of there being additional retracements in the NZDUSD currency pair is decreasing, according to UOB.

The pair EURJPY, at a rate of 157.312, has gained buying interest resulting in a rise to its highest level of the day. This movement has also caused it to test a downward resistance line that has been in place for the past six weeks.

Despite the potential formation of a bearish head and shoulders pattern on the hourly chart, the USDCHF currency pair is holding onto slight gains. However, according to the viewpoint of @nehcap, it is expected that the price will move downwards.

The USDJPY currency pair is showing increased strength near the 143.30 level, experiencing a 0.56% increase for the day.

The British pound against the US dollar, at a rate of 1.27580, does not continue falling and reaches a halt at 1.2580, according to UOB.

According to UOB, the EURUSD pair at 1.09914 is expected to continue experiencing consolidation in the short term.