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Forex: Pound fights at 1.5000

FXstreet.com (Córdoba) ? GBP/USD is trying to stay above 1.5000. The pair is still under selling pressure and the dollar is attempting to fall below the mention area. From here the pair could find support at 1.4975 and then 1.4930. Resistances on the way up are located at 1.5025 and 1.5050. GBP/USD rally downside after reaching a 5-month high at 1.5196 early in the day. Current price is 1.4997 which is 0.76% below opening price.For more information, read our latest

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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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Pakistan Rupee converter (PKR - PAKISTAN)

Pakistan Rupee converter (PKR - PAKISTAN) will convert Pakistan Rupee in any currency you want. Change PKR

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Indian Rupee / Australian Dollar converter (BHUTAN, INDIA / AUSTRALIA, CHRISTMAS ISLAND, COCOS (KEELING) ISLANDS, HEARD ISLAND AND MCDONALD ISLANDS, KIRIBATI, NAURU, NORFOLK ISLAND, TUVALU)

Indian Rupee / Australian Dollar converter (INR / AUD) will convert the currency of BHUTAN, INDIA in currency of AUSTRALIA, CHRISTMAS ISLAND, COCOS (KEELING) ISLANDS, HEARD ISLAND AND MCDONALD ISLANDS, KIRIBATI, NAURU, NORFOLK ISLAND, TUVALU with the actual exchange rate.

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Canadian Dollar / Pakistan Rupee converter (CANADA / PAKISTAN)

Canadian Dollar / Pakistan Rupee converter (CAD / PKR) will convert the currency of CANADA in currency of PAKISTAN with the actual exchange rate.

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Indian Rupee / Canadian Dollar converter (BHUTAN, INDIA / CANADA)

Indian Rupee / Canadian Dollar converter (INR / CAD) will convert the currency of BHUTAN, INDIA in currency of CANADA with the actual exchange rate.

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Indian Rupee / New Zealand Dollar converter (BHUTAN, INDIA / NEW ZEALAND, COOK ISLANDS, NIUE, PITCAIRN, TOKELAU)

Indian Rupee / New Zealand Dollar converter (INR / NZD) will convert the currency of BHUTAN, INDIA in currency of NEW ZEALAND, COOK ISLANDS, NIUE, PITCAIRN, TOKELAU with the actual exchange rate.

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EUR/USD Current price: 1.3458

!--TITOL: h1EUR/USD Current price: 1.3458FITITOL--FXstreet.com (Buenos Aires) - EUR/USD Current price: 1.3458. Oversold in the hourly, pair remains under strong selling pressure, with no signs of reversal yet. Bigger time frames also suggest bearish continuation in the pair, with 20 SMA well above actual price and pointing to the downside.br /br /?First static supports comes around 1.3430 congestion zone, if broken expect some bearish momentum in the pair,? said a href=?http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.html?Valeria Bednarik, collaborator at FXstreet.com/a. Consider 1.3300 as a probable

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GBP/USD Current price: 1.5880

FXstreet.com (Buenos Aires) - GBP/USD Current price: 1.5880. Pair already started a downside correction, reaching flat 20 SMA (meaning won?t be acting as strong support) clear break under could send the pair quickly to the 1.5825 minimums congestion zone.CCI is giving selling signals in the hourly, while momentum also points to the downside. Bigger time frames support the perspective, yet, above maximums at 1.5950, bullish trend could regain strength, said Valeria Bednarik, collaborator at FXstreet.com.For more information, read our

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USD's Surge puts Rising Price of Oil on Hold

The price of Crude Oil was expecting further support yesterday as the USD was being sold off by most investors. The build-up towards the FOMC statement yesterday had many investors anticipating an increase to the purchase of US Treasury securities. When this was not forthcoming, a surge in confidence for the Dollar put Crude Oil's rebound on hold. The price leveled off around $68.50 a barrel and appears to be standing firm. The Organization of Petroleum Exporting Countries (OPEC) and the

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