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Forex: AUD/USD erases daily gains

The Australian dollar came under pressure during the New York session and surrendered all gains versus the dollar as risk appetite receded.

After failing to break above the 1.0300 level, AUD/USD turned lower and weighed by broad USD strength, the pair recently fell toward a fresh daily low of 1.0237 before the 200-hour SMA offered support.

At time of writing, AUD/USD is trading around 1.0240, 0.1% below its opening price. As for technical levels, next supports could be found at 1.0210 and 1.0185, while resistances are seen at 1.0300, 1.0315 and 1.0340.

Forex: USD/CAD retreats from highs, around 1.0310/15

The Canadian dollar is picking up pace at the moment, leaving intraday lows against the greenback in the doorsteps of 1.0340 and dragging the cross to the current area of 1.0310/15....
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Forex: GBP/USD extends decline towards 1.5000

The Sterling is extending its decline against the dollar and after falling around 80 pips in the American session, the GBP/USD is testing levels around 1.5020 in its way to test the 1.5000 frontier.
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