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Forex: USD/CAD tests 1.2500 level after BoC rate decision

FXstreet.com (Barcelona) - USD/CAD has risen around 80 pips the first minutes after the today's BoC cut rate decision. The pair has climbed up from 1.2424 to reach 1.2505, highest since April the 2nd. Currently the pair is back close to 1.2450 level.Yesterday, USD/CAD won 2.06% from opening price at 1.2157, reaching 1.2141 as minimum and 1.2407 as maximum, to close the day at 1.2407.BoC cut its interest rate by 25 bp form 0.50% to 0.25%, market's expectations were to

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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: USD/CAD rises 0.40% to 1.1825, intra-day high

FXstreet.com (Barcelona) - USD/CAD has risen around 90 pips from 1.1735 in the early European morning, to reach the intra-day high at 1.1825. Currently the pair is trading around 1.1815/25, 0,40% up from opening price at 1.1765.Yesterday, the pair rose 0.33% from 1.1727 opening price, reaching 1.1791 as maximum and 1.1680 as 2009 low, to close the day at 1.1768.According to the Mataf.net analyst team, Loonie is in a downtrend: 1,1798. USD CAD is in an downtrend directed by 1H

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Forex: AUD/USD tests 0.7050 resistance

Fxstreet.com (Barcelona) - After falling to 0.7020 from 0.7130 yesterday high, AUD/USD has begun to rise to test the 0.7050 level. Currently the pair is trading around 0.7050/60.Yesterday. the pair won 1.36% from opening price at 0.6975, reaching 0.7130 as maximum and 0.6970 as minimum, to close the day at 0.7071.According to Trade The News Staff, Aussie is under pressure: Elsewhere in Asia, relative equity weakness persisted in Aussie markets following confirmation of economy bracing for imminent recession by govt

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Forex: AUD/USD: The Aussie aims towards 0.8200, says Mizuho

FXstreet.com (Barcelona) ? Australian Dollar rally from 0.6985 low on April 28 has found resistance at the 0.7715 area, and the Pair has pulled back to levels right below 0.7600, however, Nicole Elliott, senior technical analyst at Mizuho Corporate Bank maintains that the Aussie upside momentum will bring the pair above 0.8200.According to Elliott, the weekly close above 0.7200 has triggered Dollar selling: ?After dithering for four consecutive weeks at the pivotal 0.7200 area, at last! A weekly close clearly

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Forex: EUR/GBP rises to test 0.8830 again

FXstreet.com (Barcelona) - EUR/GBP has risen around 20 pips in the last minutes to test the 0.8830 resistance again. During the Asian session the pair was traded in a small range between 0.8780 and 0.8800, but in the early European session, Euro won 50 pips to reach 0.8830. Currently the pair is trading around 0.8820/30, 0.20% above today's opening price action.Yesterday, EUR/GBP fell 0.40% from opening price at 0.8845 to close at 0.8805. The pair reached 0.8853 as highest and

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Forex: USD/CHF falls 1.00% so far today to reach 1.0970, fresh 4-month high

FXstreet.com (Barcelona) - USD/CHF has collapsed last hour around 100 pips from 1.1065 to reach a new 4-month high at 1.0970. The Greenback has lost 1.00% against the Swissy so far today from 1.1080 opening price action to the currently 1.0970/80.If the downtrend continues, pair could go toward 1.0870 support, as January 7 and 8 low, in order to reach new 2009 low.Valeria Bednarik, FXstreet.com collaborator, affirms that pair could fall more: Pair remains bearish as seen in previous updates,

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Forex: USD/CAD falls to test 1.2550 level

FXstreet.com (Barcelona) - USD/CAD has fallen 0.70% so far today from 1.2257 opening price to 1.2152, intra-day low, currently the pair is trading around 1.2170/80 after falling around 80 pips since the early European morning.Yesterday, the pair feel 1.09% from 1.2392 opening price, reaching 1.2415 as highest and 1.2223 as lowest, to close the day at 1.2258.According to Mataf.net, USD/CAD is in consolidation: 1,2242. USD CAD broke 1,2330 support. USD CAD is in a consolidation after the last bearish movement.

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USD/JPY failed to break above 99.45

Fxstreet.com (Buenos Aires) - Not much change from previous update, pair failed early in the American session to break above the descendant channel coming from 99.45 high in the hourly. Now about to confirm above it, the 99.00 static resistance zone, is next point to beat to see the pair gain the upside, with 99.60 tough level, the last milestone before the 100.00 level.?Failure to close above 98.68, will keep the pair inside the descendant channel. Indicators in the hourly

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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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