australian dollar resistance levels

Forex: USD/JPY: Dollar dipped to a fresh 2-month low at 94.55

!--TITOL: h1Forex: USD/JPY: Dollar dipped to a fresh 2-month low at 94.55FITITOL--FXstreet.com (Barcelona) - The Dollar continues declining against the Yen and on the week's opening, the pair has dipped to a new low at 94.55. The Dollar has remained moving, afterwards, from the mentioned low to 95.05 session high.br /br /Resistance levels lie at the 95.30/55 area, and above there, 95,80. if the pair reaches higher levels, next resistance level could be 96.200 (May 15 high). Support levels lie

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Forex: AUD/USD: The Aussie bounces up at 0.7450, approaching 0.7540/50 area

!--TITOL: h1Forex: AUD/USD: The Aussie bounces up at 0.7450, approaching 0.7540/50 areaFITITOL--FXstreet.com (Barcelona) - Australian Dollar's weakness has hit a new week and a half low at 0.7450 on early Asian session although the AUD has strengthened to reach levels below 0.7540/50 resistance level on early European session.br /br /According to the a href=http://www.fxstreet.com/technical/forex-forecasts/daily-recommended-trades/2009-05-18.htmlE-Forex /ateam, Aussie´s decline to 0.7450 was just a corrective decline, and Australian Dollar mighr take off from current levels: The move to .7450 is rather corrective

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Forex: EUR/USD tests 1.3980 resistance again, falls to 1.3950

Fxstreet.com (Barcelona) - EUR/USD has tested the 13980 resistance again after rising around 40 pips in the last hour, but the pair has failed again to break it, and it has been rejected to 1.3950. Currently the pair is trading around 1.3945/55, 0.10% above today's opening price.EUR/USD has remained at levels above 1.3900 after yesterday's rally from levels around 1.3725. During European session, the Euro has remained above 1.3925 after hitting a fresh 4-month high at 1.3980.Greg Holden, analyst at

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Forex: AUD/USD: The Aussie attacks 0.7700/10 resistance area

FXstreet.com (Barcelona) - Australian Dollar is going through a strong rally, and, from yesterday's low at 07450, the pair has rocketed about 250 pips to reach 0.7700/10 resistance level which is being tested at the moment.Above 0.7700/10 resistance area (May 13 high), the Australian Dollar would reach a fresh 2009 high, and next resistance levels could be 0.7750 and 0.7795 (Sep 17 low). On the downside, support levels lie at 0.7620/30 intra-day loew and below there, 0.7600 and 0.7550.According to

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Forex: USD/JPY continues testing 97.05 resistance

FXstreet.com (Barcelona) - USD/JPY has been testing the 97.05 resistance during the European session after the Dollar rally from yesterday's low at 94.65 found resistance at the 97.05 level in the early European morning. Currently the pair is trading in a small range between 96.80 and 97.00, 1.30% above today's opening price at 95.60.The Swiss e Trade Strategy Team expects some consolidation of the higher levels of the USD first: With unusual upside volatility the Dollar strengthened in all of

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Forex: USD/JPY: Dollar moving sideways from 95.10 to 95.50

FXstreet.com (Barcelona) - Dollar rally from 94.50 low on Tuesday has found resistance at 95.50 and the pair has remained moving up and down in a channel from 95.10/15 to 95.50 during the whole European trading session.Carol Harmer,technical analyst at Charmer Charts foresees 95.90 as the potential top for Dollar's appreciation: USD/JPY held 94.50 and the market has bounced from these levels and pushing 95.55 resistance. There is resistance from here to 95.90 and if 95.55 can break then look

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USD attempting to correct

FXstreet.com (Buenos Aires) - Despite falling to multi months low against major rivals, dollar could attempt some correction in Asian session, as bearish trend push the currency to extreme oversold levels across the board. With risk appetite well supported by rising stocks and commodities, traders seem reluctant to continue pushing higher at actual levels. Majors had spent last few hours consolidating away from daily highs, and commodity currencies, meaning Australian and Canadian dollar, could well be advancing the move

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