While the Dollar drops against the major currencies due to the disappointing U.S employment data from Friday, the strongest trend in the market appears to be the bullish gold. Gold continues to break new record highs on a daily basis, and has now reached over $1,100 on ounce. Can it reach higher?

  • Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trend

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Weekly Trend

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Resistance1.50151.680590.901.02050.93300.9010
1.49951.678590.701.01850.93100.8990
1.49651.675590.401.01550.92800.8960
Support1.49051.669589.801.00950.92200.8900
1.48751.666589.501.00650.91900.8870
1.48551.664589.301.00450.91700.8850