EURUSD The pair stays above Fibonacci 50% 1.35000. The pair may rise to 1.35984. Resistance: 1.35984, 1.37486, 1.38554 Support: 1.34882, 1.33143, 1.31674 GBPUSD The pair has reached support level at 1.56722 and trying to break it. This may bring pair to test 1.54842. Resistance: 1.56722, 1.58543, 1.60322 Support: 1.54842,…
Asian and European trading sessions: Euro: The Euro recovered against most major competitors after the credit rating agency Moody’s confirmed the U.S. credit rating at the AAA level. The EUR/USD pair continued rising and recorded its today’s high at $1.3566 area, even despite the fact that a representative of the…
During the past week, the negative economic statistics and general uncertainty in the EU provided a lot of pressure on European currencies (EUR and GBP). At the beginning of the week, the Euro was under pressure against the major currencies because of the results of the Spanish and French government…
Asian and European trading sessions: Euro: The Euro fell against major currencies as well as showed a high volatility against the US dollar on Wednesday. The pressure on the single currency was a result of the speech of the European Commission President Jose Manuel Barroso, who noted that the region…
EURUSD The pair has broken Fibonacci 50% and aiming to 1.33143. Resistance: 1.34882, 1.35984, 1.37486 Support: 1.33143, 1.31674, 1.30277 GBPUSD The pair has reached support level at 1.56722. Resistance: 1.58543, 1.60322, 1.62050 Support: 1.56722, 1.54842, 1.53482 USDCHF The pair has reached 0.92026. The pair’s aim is to test…
EURUSD The pair has broken Fibonacci 50% and aiming to 1.33143. Resistance: 1.35984, 1.37486, 1.38554 Support: 1.34882, 1.33143, 1.31674 GBPUSD The pair has reached Moving Average (500) at 1.57826 and aiming to test support level at 1.56722. Resistance: 1.58543, 1.60322, 1.62050 Support: 1.56722, 1.54842, 1.53482 USDCHF The pair…
Asian and European trading sessions: Euro: The Euro fell against the major currencies amid expectations of an auction for Spain Government bonds. Furthermore, the pressure on Euro increased as a result of the reinforced concerns that Italy and Greece would be able to handle the existing debt problems. The released…
EURUSD The pair has declined to 1.35984 and may decline to Fibonacci 50% at 1.35015. Resistance: 1.37486, 1.38554, 1.39600 Support: 1.35984, 1.34882, 1.33143 GBPUSD The pair has broken daily channel and may decline to the Moving Average (500) at 1.57826. Resistance: 1.60322, 1.62050, 1.63316 Support: 1.58543, 1.56722, 1.54842 …
Asian and European trading sessions: Euro: During the beginning of the Asian trading session the Euro showed gains against the U.S. dollar as the confidence for the ability to limit the Italian debt reinforced. But the European session showed the selling of the European currency, when the EUR/USD pair fell…
During the previous week the euro was under pressure against major currencies due to concerns of market particiDuring the previous week the euro was under pressure against major currencies due to concerns of market participants about the political instability in Italy. pants about the political instability in Italy. Another negative…
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