At the start of the US trading session on Tuesday, EUR/USD broke below the psychological 1.1300 level, reaching an intraday low of 1.1247, or a level unseen since last Friday, after in a statement European Central Bank President, Mario Draghi, noted that further stimulus might be “in the pipeline”. The major pair may receive support at the low from June 17th (1.1218), then – at the weekly S1 level (1.1169) and finally – at the low from June 16th (1.1129), also a level unseen since June 1st.
GBP/USD erased earlier gains and plummeted to 1.4676, after the latest poll by IG Survation revealed that 45% of UK respondents voted in favor of remaining within the euro bloc, while 44% of the voters supported Brexit. The pair may be supported at the weekly R2 pivot (1.4630) and then – at the hourly 50-period Exponential Moving Average (1.4574).
Having reached an intraday low at 1.2763 in mid-European trade, USD/CAD erased losses and climbed back above 1.2800 to test the daily range resistance level (R3), 1.2823. A break above it may see the advance resisted at the hourly 200-period Exponential Moving Average (1.2853).
After breaking below the hourly 200-period EMA ($1,277.80) and the daily S2 pivot ($1,274.88) earlier on Tuesday, gold futures for delivery in August marked an intraday low of $1,268.00 per troy ounce during the early phase of US trade. Support may be received next at the low from June 10th ($1,265.30) and then – at the weekly S2 pivot ($1,250.57).
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