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EUR/USD current price 1.2927
FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.2927. Not much change from previous update, the pair remains bearish in the hourly chart, supported by price under the 20 SMA and momentum that just cut the 100 line upside down. 200 EMA far above actual price holds the keeps it?s bearish inclination.?The pair is moving in a small upside channel, more likely a flag, a continuation figure that the pair needs to break to the downside to confirm it,? said
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EUR/USD Current price 1.3154
FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.3154. Despite indicators seem to be exhausted in the hourly, bullish momentum continues in the pair that seems ready to break above yesterdays high at 1.3166 and firs static resistance for the next hour.20 SMA is also pointing higher, supporting the bias. ?Bigger time frames indicators are also turning up, yet far for announcing a more permanent trend,? said Valeria Bednarik, collaborator at FXstreet.com.For more information, read our latest forex news.
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EUR/USD Current price: 1.3306
FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.3306. Pair remains under selling pressure, after failing to break 1.3365, 61.8% of the past downleg. Price remains under pressure with momentum giving bearish signal supported by actual candle opening under the 20 SMA that still has a bullish slope. ?Small ascendant trend line, at the 1.3300 zone, will be first support to consider for the Asian session,? said Valeria Bednarik, collaborator at FXstreet.com. For more information, read our latest forex news.
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Forex: USD/JPY fails to break above 98.65 falls to 98.25
FXstreet.com (Córdoba) ? The dollar is loosing against the yen since the beginning of the American session. After reaching a intra-day high at 99.10 USD/JPY started to moved in a down trend. Recently the yen got stronger after falling below 98.50 to 98.25 which now is an important support zone. The current price is 98.45 which represents 0.50% lower than the opening price. For more information, read our latest forex news.
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USD/JPY Current Price 99.28
FXstreet.com (Buenos Aires) - USD/JPY Current Price 99.28. Pair overextended rally finally halted, and price is consolidating between 99.00 and 99.55 tight horizontal channel. Under the last downside correction could extend to the 98.50 zone, where we have an ascendant trend line that should hold the downside. ?Indicators pointing to the downside, support the correction, despite bigger time frames suggests longer term upside bias,? said Valeria Bednarik, collaborator at FXstreet.com.For more information, read our latest forex news.
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GBP/USD Current price: 1.5885
FXstreet.com (Buenos Aires) - GBP/USD Current price: 1.5885. Again consolidating close to day highs pair continues to the upside, with no signs of corrections yet.First support lies at 1.5822, followed by daily pivot around 1.5755 zone. ?Hourly indicators are not yet over bough so the upside still has room to go,? said Valeria Bednarik, collaborator at FXstreet.com. 20 SMA under actual price supports further upside bias.For more information, read our latest forex news.
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GBP/USD current price: 1.6478
FXstreet.com (Buenos Aires) ? GBP/USD current price: 1.6478. Pair failed to stay above 1.6500 and fell in these first trading hours, still with a bullish perspective in bigger time frames. ?Hourly charts indicators suggest some downside correction before next upleg that should remain contained by the 20 SMA around 1.6430 with a good bullish slope,?said Valeria Bednarik, collaborator at FXstreet.com . For more information, read our latest forex news.
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Forex: GBP/USD rises above 1.5200 to 1.5245
FXstreet.com (Córdoba) ? Dollar weakened across in the final hours of the American session. Against the pound is losing Tuesday?s gains. GBP/USD broke above 1.5200 topping at 1.5245. Current price is 1.5223 which is 0.48% above opening price. Cable is also rising against the Yen. GBP/JPY broke above resistance zone at 145.50. The pair has risen more than 250 pips after bottoming early in the day at 143.34.For more information, read our latest forex news.
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