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Forex: EUR/USD: Euro, below 1.3565 weakens ahead of Eurozone CPI and GDP
FXstreet.com (Barcelona) - The Euro is dropping during European session and has given away most of the ground gained during yesterday's U.S. session falling below 1.3565 support level (May 1 low).Below here, next support level comes at 1.3525, 1.3500 and then 1.3470 (My 7 high). On the upside, recovery from current levels could find resistance at previous intra-day low art 1.3615 and 1.3665, once above here, next resistance lies at 1.3725 (May 13 high).For more information, read our latest forex
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Forex: USD/JPY: Dollar picks up from 97.90 low to assault 98.50 level
FXstreet.com (Barcelona) ? The Dollar has regained in early European session, part of the ground lost during Asian session; after hitting an intra-week low at 97.90, the Dollar is gathering strength to approach 99.50/60 level.Above 98.50/60, the Dollar could find resistance at 99.10/20 (May 5 high), and above here, 99.60 (May 1 and 4 high). On the downside, support level lies at 97.90/98.00 and below there 97.50 and 97.15 (Apr 30 low).Tim Salem, collaborator at FXstreet.com sees the Dollar correcting
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Forex: AUD/USD rises back above 0.7800 level
FXstreet.com (Barcelona) - After falling from the 0.7830, intra-day high to reach 0.7775 in the European morning, the AUD/USD has found support at this level and has begun to risen to take places above 0.7800 level and reach 0.7825. Currently the pair is trading around 0.7815/25, 0.20% below opening price yet.The E-Forex team comments: Solid resistance is seen into the .7930-.8000 region and a breach above the said barrier will change the long-term sentiment which is still bearish. A test
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Forex: GBP/USD: Pound approaches 1.5900 on recovery from 1.5775 low
FXstreet.com (Barcelona) - The Pound is taking back lost ground and, after having broken above May 25 low at 1.5835, the Pound trades around the middle of the previous range at 1.5880.Next resistance level lies at 1.5885, and if the Pound breaks above here, 1.5945/50 (May 22 high/ Intra-day high), then 1.6000. On the downside, initial support level lies at 1.5780, new intra-week low, and below there, 1.5755 (May 22 low), and below there, probably 1.5675.The Kshitij Consultancy Service
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Forex: USD/JPY: Dollar pulls back from 96.70 resistance level
FXstreet.com (Barcelona) - Dollar recovery from yesterday's low at 94.55 has halted at 96.70 resistance level, May 13 high, and the pair has pulled back to levels right above 96.10 support.According to Stoyan Mihaylov, technical analyst at Deltastock.com, the Dollar is on the upside, after hitting a bottom at 94.55: As expected, 94.55 was confirmed to be the end of the slide from 99.74, so current bias is positive for 97.12. Intraday support comes at 96.50 and crucial is 96.12.Resistance
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USD/JPY: The Dollar approaches 99.60 resistance level
FXstreet.com (Barcelona) ? USD/JPY is showing strength and rebound on 98.35 low ahead of the European session opening has reached levels close to 99.60 on the back of Central Banks and U.S. data.On the upside, if the Yen consolidates above 99.60 resistance level, the pair could find resistance at 99.70/75 and 100.00. On the downside, support levels might lie at 99.20 (May 6 high) and below there, 99.00 and 98.20.For more information, read our latest forex news.
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Forex: USD/CHF rises above 1.1100 and test 1.1120 resistance
Fxstreet.com (Barcelona) - After finding support again in the 1.1070 level (coming from its 50 pips decline), the USD/CHF has risen around 50 pips to trade above 1.1100 level and test the 1.1120 resistance level again. Currently the pair is trading around 1.1095/1.1105, 0.10% below its today's opening price.During today's session, the pair has been traded in a small range between 1.1070 and 1.1120.Yesterday, the Greenback won 0.80% against the Swissy, opening the day at 1.1030 to close at 1.1115.
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Forex: EUR/USD: Euro drops below 1.3930 to a intra-day low 1.3890
FXstreet.com (Barcelona) - The Euro has broken below support level at 1.3990 reaching a fresh intra-day low at 1.3890 to pick up afterwards to levels right above 1.3900.Immediate support level lies at intra-day low 1.3890 and below there 1.3855 (May 26 low), and 1.3820/40 area. On the upside, first resistance level could lie at previous intra-day low 1.3930 and if the Euro manages to rise above there, next resistance could lie at 1.3985/1.4000 area, and above here, 1.4025.For more information,
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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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NZD/USD: Kiwi advances to break 0.5950 level and test 0.5970 against the USD
FXstreet.com (Barcelona) - After finding support at 0.5850 (coming from its 100 pips previous decline), the NZD/USD has risen around 110 pips in the American session from this level to break the 0.5950 resistance and reach 0.5970, fresh intra-day high. Currently the pair is trading around 0.5950/60, 0.55% above today's opening price.Yesterday, Kiwi lost 2.40% against the Dollar from 0.6070 opening price to close the day at 0.5920. The pair reached 0.5885 as highest and 0.5885 as lowest.Jamie Saettele, Senior
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