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Forex: USD/JPY losts initial gains and falls to 94.75

FXstreet.com (Barcelona) - After trading in a small range between 95.00 and 95.20 during the late Asian and European session, the USD/JPY has been rejected by the 95.20 resistance in the early American session and it has fallen around 45 pips to find support at 94.75 (EMA55 level). Currently the pair is trading around 94.80, same today's opening price action.Valeria Bednarik, FXstreet.com collaborator, comments that USD/JPY is in consolidation mode: Pair regained the upside during Asian session, and continues consolidating

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: AUD/USD rises 1.50% to reach 0.7770, fresh 7-month high

Fxstreet.com (Barcelona) - The Australian Dollar has taken this week vigorously against the Dollar and the AUD/USD has risen more than 300 pips in two days from 0.7450, yesterday's low in the early Asian session, to reach the 0.7770, fresh 7-month high ahead the American morning. Gold is pushing pressure to the Aussie as the XAU is trading around 923.00, after falling from 930.00 yesterday's session. Also, Glenn Stevens said that Global recovery will probably happen finish 2009. AUD/USD is

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Forex: USD/JPY jumps up to reach 94.75, intra-day high

FXstreet.com (Barcelona) - USD/JPY has risen around 45 pips in the last hour from 94.20 to reach intra-day high at 94.75. After reaching 93.85, 2-month low, in the early Asian session and trading in a small range between 94.00/30 in the Asian and European session, the USD/JPY has jumped up in the early American session to reach today's high. Currently the pair is trading around 94.60/70, 0.80% above today's opening price.Valeria Bednarik, FXstreet.com collaborator, comments: Pair seems to be forming

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Forex: USD/CHF falls to test 1.1220 after flirting with 1.1260 resistance

!--TITOL: h1Forex: USD/CHF falls to test 1.1220 after flirting with 1.1260 resistanceFITITOL--Fxstreet.com (Barcelona) - After trading in a small range between 1.1220 and 1.1260 during Asian and the early European session, USD/CHF has reached 1.1265, intra-day high and it has been rejected quickly to 1.1220 support level. The pair is consolidating at high levels after Friday's rally from around 1.1040. Currently USD/CHF is trading around 1.1220/30, 0.05% above today's opening price action.br /br /According to Tim Salem, collaborator at FXstreet.com,

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Forex: EUR/USD reaches 1.3960, intra-day low

Fxstreet.com (Barcelona) - After trading in a small range between 1.3980/1.4030 since the Friday American session, EUR/USD has fallen around 70 pips from 1.4030, today's high in the Asian session, to reach the 1.3960, intra-day low in the European session. At the moment, the pair is trading around 1.3970/80, 0.20% below today's opening price.Last week, Euro won 3.80% against US Dollar on a new confidence and risk appetite wave. Pair rose from 1.3480 Monday opening price to close at 1.4000

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Forex: GBP/USD rises above 1.5700 level and reaches 1.5710, fresh 5-month high

FXstreet.com (Barcelona) - The Pound's strengthening continues during the American session with the Cable testing levels above 1.5700 for first time since December. GBP/USD has risen 235 pips after the US opening session from 1.5475 to reach 1.5710, new 5-month high. Currently the pair is trading around 1.5680/90, 1.25% above today's opening price action.According to valeria Bednarik, FXstreet.com collaborator, risk appetite is improving once again, pushing the dollar back down in Europe and American helping the pound to extend recent

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Forex: GBP/USD tests 1.6185 and falls to 1.6120

FXstreet.com (Barcelona) - GBP/USD has rising further from its intra-day low at 1.5915 in Asian session to reach a fresh 6-month high at 1.6185 before of falls to 1.6120. Currently the pair is trading around 1.6145/55, 1.25% above today's opening price action.According to the Swiss e Trade Strategy Team, some downward correction might occur although, in any case below 1.6030: Cable is in a bull market in early European trading, about to test the 1.6100 resistance level, right now priced

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