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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: GBP/USD: Pound dropped to 1.5065 low; correlated with oil prices

FXstreet.com (Barcelona) ? The Pound continues weak after having declined from 1.5330 high yesterday to intra-week low around 1.5065, and the pair dies not take off to levels above 1.5100.According to the Kshitij Consultancy Service Team, the pair has taken south after breaking 55 SMA in the 4 hour chart: ?Cable fell past the Support at 55-MA on the 4-hour chart. A break past 1.4892 (21-DMA) may signal the confirmation of bearishness which could then pull the pair down towards

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Forex (foreign exchange) Currency trading

Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis

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Forex: GBP/USD: Pound drops below 1.5035

FXstreet.com (Barcelona) - The Pound has dropped from 1.5948, fresh 5-month high right ahead of the European session opening, to a fresh intra-week low at 1.5780, and the Sterling's attempts of recovery have all being capped at 1.5835, May 25 low.According to the Swiss e Trade Strategy Team, the Pound could drop as low as 1.5700: Cable is hovering above its longer-term support area at 1.5750 in early European trading, right now priced at 1.5785. We expect lower prices in

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Euro Zone Mar producer prices down 0.7%, -3.1% YoY

FXstreet.com (Barcelona) For more information, read our latest forex news.

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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 tests its 4-month low levels

FXstreet.com (Barcelona) - USD/CHF has reached an intra-day low at 1.0830, after rejecting from 1.0870 and fall 40 pips in the European session. Currently the pair is trading around 1.0835/45 0.10% below today's opening price.USD/CHF is opening lower its weekly session after a weaken past week with the USD losing 3.30% against the Swissy from 1.1220 Monday opening price to close in Friday at 1.0850. USD/CHF reached 4-month low at 1.0810 and 1.1265 as 2-week high.The Swiss e Trade Strategy

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Forex: USD/CHF falls 0.65% on the day, below 1.1300

FXstreet.com (Barcelona) - The USD has lost around 150 pips against the CHF, from intra-day high at 1.1420 to reach intra-day low at 1.1270 in the last hour. Currently the pair is trading around 1.1275/85, 0.65% down from today's opening price.Yesterday, USD/CHF trade sideways, USD won 0.06% against CHF along the day from 1.1342 opening price to close the session at 1.1348, reaching 1.1386 as high and 1.1288 as low.The Mataf.net team says: USD/CHF moves without trend and swings around

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