explain the price levels forex

USD/JPY tests 96.30

!--TITOL: h1USD/JPY tests 96.30FITITOL--FXstreet.com (Córdoba) ? Dollar is rising against Yen after reaching the lowest price since March 20 at 94.54. USD/JPY rose to 96.33 fresh intra-day high. Current price for the pair is 96.25 which is 1.26% above opening price. br /br /On the upside resistance levels lie at 96.30 (today highs) and 96.70 (April 13 highs). Support could be found at 96.00 95.65 and 95.15. Yen is also losing against European currencies br /br /For more information, read

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Forex: USD/JPY tests 96.80

FXstreet.com (Córdoba) ? After four consecutive days of losses the Dollar is gaining to the Yen. Recently USD/JPY went above 96.80 to 95.85 (intra-day high) but rebounded to 95.65. Now the pair is trying to test the zone again. Current price is 95.70 showing an increase of 0.44% for USD/JPY from opening price. Next resistance levels lie at 96.05 and 96.30. The yen is falling across the board ending a streak of gains not only against the dollar but

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Could You Please Explain How Your Trading System Works?

QUOTE Your website provides details of when you are entering a trade but with no reasoning behind it. Could you please explain how your trading system works?It's a long long story... I'll make it short I'm a trend follower and I built some indicators to help me to find great trends (ForexSto and Trend Indicator)I start a trade when I fi

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Forex: USD/JPY tests levels below 96.00

FXstreet.com (Córdoba) ? The Yen at first weakened across the board, following the FED decision. But a few minutes later, the Japanese currency managed to recover. Currently is at the same levels it had across the board before the release. USD/JPY is testing levels below 96.00. The pair rocked after the decision to 96.75 and the tumbled to 95.70. Currently the pair is 0.13% above today?s opening price. Nick Nasad, currency market analyst with CMS Forex: ?Today's announcement,

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Forex: USD/CHF tests 4-month low levels at 1.0815

FXstreet.com (Barcelona) - USD/CHF has fallen around 115 pips from 1.0930, intra-week high in the European session, to reach 1.0815 and test 4-month low levels at 1.0810. The pair has losing all it initial gains and at the moment it is trading in the same opening levels.4-month low was reached last Friday at 1.0810 after five consecutive negative days, during last week, Greenback was depreciated 3.32% against the Swissy from 1.1220 Monday opening price to close at 1.0450 in Friday.Valeria

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EUR/USD Current price: 1.4010

FXstreet.com (Buenos Aires) ? EUR/USD Current price: 1.4010. Slightly bullish in the hourly, pair is inside a small ascendant flag. Break above 1.4025 roof of small flag, could trigger some upside momentum in the pair, as price remains above the 20 SMA that is crossing 200 EMA. ?Daily descendant trend line around 1.4100 should hold the upside in the next session,? said Valeria Bednarik, collaborator at FXstreet.com.Support levels: 1.4040 1.4070 1.4100. Resistance levels: 1.4000 1.3960 1.3920For more information, read our

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Forex: Euro tests 1.3930 support again; upward momentum is over

FXstreet.com (Barcelona) - The Euro has dropped to support level at 1.3930 after having been rejected at 1.3985, and, although the pair remains above the mentioned support, the Euro, according to the Swiss e Trade Strategy Team, has lost its upside momentum.The Swiss e Trade Strategy Team expects the Euro moving lower today: The pair has lost its upward momentum over the last two days, continuing to consolidate its higher levels this European morning, and is currently trading at 1.3965

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Forex: USD/JPY: Dollar drops to a fresh 2-month low at 93.85

FXstreet.com (Barcelona) - The Dollar continues weakening against the Yen and on Friday's Asian session, the pair fell below 94.00 to a fresh 2-months low at 93.85.At the moment the pait tries o reach above 94.25 resistance level.Resistance levels, above 94.25, lie at 94.55 (May 18 low) and above there, 95.10/25 (May 21 highs). Support levels lie at 93.85 and below there, 93.55 (Mar 19 low) and 93.00.EUR/JPY has remained moving in a range between 130.75 and 131.50 aiming to

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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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