setups

The GBPUSD pair, currently trading at 1.30897, is expected to reach its next important level at 1.3335, according to UOB.

Gold price has risen above important resistance levels in the short term, breaking its three-day downward trend.

Investors are eagerly anticipating US Retail Sales data as the AUDUSD pair remains stable above the 0.6800 level.

The USDCAD currency pair, currently at 1.31907, is experiencing a loss of momentum as it approaches the 1.3180 level during the Asian trading session.

After initially rebounding from its lowest point of the day, the EURJPY currency pair at 155.804 has lost momentum and is now declining. This comes after reaching a one-week high the day before. According to the analysis by @nehcap, it is anticipated that there will be further downward movement.

According to UOB, there is still potential for the EURUSD exchange rate to increase even more at 1.12507.

The EURUSD pair reaches a new high for the year at 1.12550 and gains momentum due to increased selling pressure on the USD.

The USDJPY pair, trading at 138.567, is hovering close to its lowest level of the day. It continues to face downward pressure for the second day in a row, following a bounce back from a low point witnessed two months ago.

On Tuesday, the exchange rate between the US dollar and Indian rupee, which is marked at 82.0000, stays within a small range of trading surrounding the 82.00 level.

The GBPJPY pair at a price of 181.334 continues to show uncertainty within its important trading range and is losing the gains it made last week. According to the view of @nehcap, a small amount of downward movement is anticipated.