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Forex: EUR/USD falls below 1.3000 on risk aversion
FXstreet.com (Barcelona) - EUR continues suffering on risk aversion today's session. Last hour, the pair has fallen around 60 pips from 1.3021 to reach a fresh intra-week at 1.2964 as risk aversion on fears related to swine flu and Fed reports asking Citi and BoA to raise additional capital.Currently the pair is trading around 1.2990/1.3000 after losing 0.22% so far today from opening price at 1.3023.The Swiss e Trade Strategy Team says: The pair is consolidating its lower levels in
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Forex: EUR/USD finds support at 1.3960 and rises close to 1.4000
Fxstreet.com (Barcelona) - EUR/USD has found support at 1.3960, intra-day low and it is rising around 30 pips in the last two hours to reach 1.3995 and test the 1.4000 field. currently the pair is trading around 1.3985/95, 0.10% below today's opening price.According to the Swiss e Trade Strategy Team, the USD weakest among majors, but upward correction time is calling: EUR/USD is Consolidating its higher levels, the pair is currently trading at 1.3970 in the early European hours. We
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Forex: EUR/USD tests 1.3700 level
FXstreet.com (Barcelona) - EUR/USD has risen further after the Portugal's finance minister comments about Euro Zone is not concerned over a stronger Euro, and the pair has reached 1.3710, fresh 1-week high. Currently the pair is fighting for the 1.3700 level after rising 0.40% so far today from opening price action.According to the Swiss e Trade Strategy Team, EUR/USD is back in the old see?saw: Attacking again the 1.3650 / 1.3700 resistance zone, the pair recovered in early European trading
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Forex: USD/CHF falls 0.35% on the day to test 1.1300 level
FXstreet.com (Barcelona) - After falling around 75 pips from 1.1365 in the European session to reach the intra-day low at 1.1290 and test the 1.1300 level. Currently the pair is trading around 1.1295/1.1305, 0.35% down from opening price at 1.1340.Yesterday, the Greenback won 0.72% against the CHF, the pair opened at 1.1260, reached 1.1247 as minimum and 1.1362 as maximum, to close the day at 1.1341.The Swiss e Trade Strategy Team says: The dollar is losing steam against the Swiss
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EUR/USD: The Euro sets back after reaching 1.3075 high
FXstreet.com (Barcelona) ? The Euro is stepping back slightly after having rallied close to 100 pips during the European trading session to reach 1.3075 high, at the moment the Euro moves right above 1.3050 support level.According to the Swiss e Trade Strategy Team, the Euro might have reached a top and the pair might drop to lower levels: ?The pair is about to attack the resistance zone between 1.3050 and 1.3190 this European morning and is currently trading at 1.3039.
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Forex: EUR/USD: Euro strengthens further and approaches 1.3700
FXstreet.com (Barcelona) - The Euro has appreciated further during Tuesday's European session, the pair is consolidating above 1.3625 after having reached an intra-week high at 1.3655, according to the Swiss e Trade Strategy Team, on its way to test resistance at 1.3700.The Swiss e Trade Strategy Team, expects some downswing before rallying to 1.3700: The pair is about to attack the longer-term resistance line around the 1.3700 zone. Right now trading at 1.3630, we expect the buying mood to slow
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