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Forex: USD/CHF rallies and stays above 1.1550; USD/JPY recovers

Fxstreet.com (Córdoba) ? The dollar got stronger across the board and rose against the Swiss Franc. After breaking support zone at 1.1500 the pair rally to 1.1600 where it rebounded. Now is holding above 1.1555. For the day the pair has risen 1.60%. Reaching intra-day high at 1.1603. USD/JPY rose in the last hours after breaking above 96.65 and recovered early losses. But the pair stopped at 96.90. Next resistance level could be found at 97.10. In the last hour

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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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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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Forex: EUR/USD breaks 1.3900 and rises above 1.3910

FXstreet.com (Barcelona) - After finding support at 1.3860 from its 140 pips decline in the European session, EUR/USD has risen to break 1.3900 resistance and trade above 1.3910. Currently the pair is trading around 1.3905/15, 0.70% below its opening price action.Lena Manousarides, Analyst at SpikeCharts, says: The EUR/USD has been rising exceptionally since last week; however the pair found a top at 1.4050 and the dollar bulls took their revenge by selling off the pair since early European open. For

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Forex: USD/CAD falls 1.30% on the day to test 1.2050 support

Fxstreet.com (Barcelona) - USD/CAD is testing the 1.2050 level after falls 1.30% so far today from opening price 1.2210. Last three hours, the pair has been traded in a small range between 1.2045 and 1.2075, currently the pair is trading around 1.2045/55.Yesterday, USD/CAD won 0.21% from opening price at 1.2183, reaching 1.2266 as maximum and 1.2165 as minimum, to close the day at 1.2209. On the week, with todays losses, the pair has lost the gains posted last two days,

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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: GBP/USD is back above 1.5100

FXstreet.com (Barcelona) - After reaching 1.5160, fresh 4-months high and falls to 1.5030, the Cable has risen around 70 pips to be back above 1.5100 level. Currently the pair is trading around 1.5115/25 0.60% above its opening level.Valeria Bednarik, FXstreet.com says: Pair seems a bit exhausted to the upside, and ready for a downside correction in the hourly charts, probable bearish engulfing in the hourly, yet as long as the pair remains above 1.5000, consider bullish bias intact. Tough congestion

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