eurgbp resistance levels
Forex: AUD/USD: Aussie reaches 6-month high at 0.7385
FXstreet.com (Barcelona) ? The Aussie has posted a 140 pips rally on early European session rising from 0.7230 levels trough 0.7300/25 resistance area to hit 0.7385, the highest level since October 6. At the moment, the Aussie trades at 0.7266 ; 1.70% above its opening price.On the upside, next resistance levels remain at 1.4385/4400 area, and above here, 1.540. Support levels lie at 0.7325 and 0.7300.According to the E-Forex Team, the Aussie is on the upside and potential pullbacks will
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Forex: USD/JPY: Dollar hits resistance at 98.50/60 level and turns down
FXstreet.com (Barcelona) ? Dollar attempt to return to yesterday?s levels has been aborted and after bouncing from 97.90 intra-week low, the Dollar has been unable to break through 98.50/60 resistance area and the pair returns to levels close to 98.00.Despite the failure to break 98.60, Carol Harmer, technical analyst at Charmer Charts.com advances the possibility of another assault to the mentioned level: ?Sellers will be ready at 98.60 and buyers always hopeful of dodging through the wave of sellers to
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Forex: GBP/USD: The Pound climbs to 1.5090/15100 area after ADP report
FXstreet.com (Barcelona) - The Sterling has reversed previous losses and has bounced up from 1.5000 to reach levels close to resistance area at 1.5090/15100 after U.S. ADP report released a lower than expected employment destruction in April.In case of breaking above 1.5100, next resistance levels could be at 1.5160 (May 5 high), and 1.5190. On the downside, support levels lie at 1.5065 (Apr 16 high), and below there, probably on the 1.4990/1.5000 area.GBP/JPY has rocketed more than 160 pips
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Forex: USD/JPY: The Dollar reaches levels above 99.00 after ADP
FXstreet.com (Barcelona) ? The Dollar has strengthened after better than expected ADP figures, and USD/JPY has jumped from 98.25 to a new intra-day high at 99.08. At the moment, the Dollar struggles with resistance level at 99.00/10.In case of breaking above 99.00/10, the Dollar might find resistance at 99.65 (Mar 4 high) and than at 100.00. On the downside, support levels remain at 98.50/60 and below tthere, 98.25 and 98.00.For more information, read our latest forex news.
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Forex: GBP/USD: The Pound rises above 1.4900
FXstreet.com (Barcelona) - The Pound seems to be advancing at a strong pace against the Dollar as the Pair broke through 1.4850 on early European session, reaching levels above 1.4900.Next resistance level lies at 1.4950 and above there, 1.5065 (Apr 16 high). On the downside, support levels lie at 1.4810 and below here, 1.4737 and 1.4675/90.On a longer perspective, Nicole Elliott, senior technical analyst at Mizuho Corporate Bank observes the possibility of a Pound rally above 1.50: ?Slow work but
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USD/JPY ? Dollar pares previous losses, reaching 96.65 level
FXstreet.com (Barcelona) ? The Dollar has gained all the ground lost in Asian session, and, after having hit a fresh 5-week low at 95.60, the Dollar has risen to levels around 96.60 resistance area, reaching levels 0.15% below the day opening level.Despite Dollar attempts to break higher, Valeria Bednarik, collaborator at FXstreet.com warns about the 95.90 support zone: ?Despite some upside correction, the pair failed to break a descendant trend line around 96.40 now, and first dynamic resistance for the
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EUR/USD: Euro tests levels above 1.3050
FXstreet.com (Barcelona) ? The Euro is on a move to break 1.3035/50 zone, the upper boundary of the trading range it haws been moving during the Asian and European sessions. At the moment EUR/USD moves right at 1.3050.Above here, next resistance levels stand at .3085 and 1.3160. On the downside, next support level lies at 1.2985, and below there, 1.2950/45 and 1.2920.For more information, read our latest forex news.
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Forex: EUR/USD: Euro reaches day high past 1.3225, after Eurozone confidence data
FXstreet.com (Barcelona) ? EUR/USD rally from 1.2965 low yesterday extends to levels above 1.3225 resistance after Eurozone economic sentiment data. At the moment the Euro trades at 1.3230.If the Euro consolidates above 1.3225, next resistance level might come at 1,3245 (Apr 27 high) and then 1.3300 (Apr 24 high). On the downside, support levels stand at 1.3160, and below there, today?s low at 1.3125 and 1.3085.EURJJPY recovery from 124.35 low yesterday has extended above 128.15 resistance levels, after the release
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EUR/USD: Euro pulls back;1.3035/50 level, difficult to break
FXstreet.com (Barcelona) ? The Euro has rallied to an intra-day high at 1.3050 level ahead of the European session opening, to pull back to levels around 1.30 20 at the time of writing, the Area between 1.3035/50 seems a tough one for the Euro.Resistance above 1.3035/50 level, next resistance could be at 1.3090 (Apr 10 low) and above here, 13125/45 (Apr 16 and 15 lows). On the downside, support levels lie at 1.2980 and 1.2950, below there, 1.2920.According to the
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GBP/USD: The Pound attempts to stretch higher; reaches 1.4580
FXstreet.com (Barcelona) ? The Pound is trying to pick up again and reaches levels around 1.4580 after having bottomed at 1.4515 during the European session on its decline from Friday?s high at 1.4772; the Pound remains weak in the hourly charts and RSI shows a neutral tone.On the upside, potential resistance levels lie at 1.4600, and above there 1.4660 and 1.4770 (Mar 24 high). On the downside, below 1.4515, next support levels could lie at 1.4440 (Apr 23 low)
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