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Forex: EUR/USD: Euro losses strength after hitting 7-week high at 1.3675
FXstreet.com (Barcelona) ? The Euro has eased to levels right below yesterday?s high at 1.3670 after having hit a fresh 7-week high at 1.3675 on European session, the Euro rally, according to the Swiss e Trade Strategy Team is losing strength.The Swiss e Trade Strategy Team affirms that the European currency is approaching long term resistance levels: ?Trading near stiff longer-term resistance zones this European morning, currently priced at 1.3640, the pair is losing some of its upward momentum. We
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Forex: GBP/USD rises 5.0% so far this week, back above 1.5900
Fxstreet.com (Barcelona) - After reaching 6-month high at 1.5945 and rejecting to levels around 1.5850, Cable has risen to take place above 1.5900 again. The pair has risen around 75 pips from 1.5850 to 1.5925, Currently Cable is trading around 1.5915/25, 0.20% above today's opening price.GBP/USD is trading its fifth consecutive positive day after trading in Monday low at 1.5115 to win 850 pips to reach fresh 6-month high at 1.5945. The current week the Sterling is gaining almost 5.0%
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Forex: GBP/USD: Pound eases from fresh 5-month high at 1.5537
FXstreet.com (Barcelona) - The Pound has reached a fresh 5-month high at 1.5537 and the pair has eased afterwards to levels right below 1.5500. The Pound has remained trading above 1.5450 after yesterday's rally from 1.5300.The pair, according to the Swiss e Trade Strategy Team, is in heavily overbought condition: Cable is consolidating its higher levels this European morning, trading currently at 1.5530. Still in heavily overbought condition, we do not expect much more upward momentum, rather a downmove to
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Forex: USD/CHF falls to test 1.1220 after flirting with 1.1260 resistance
!--TITOL: h1Forex: USD/CHF falls to test 1.1220 after flirting with 1.1260 resistanceFITITOL--Fxstreet.com (Barcelona) - After trading in a small range between 1.1220 and 1.1260 during Asian and the early European session, USD/CHF has reached 1.1265, intra-day high and it has been rejected quickly to 1.1220 support level. The pair is consolidating at high levels after Friday's rally from around 1.1040. Currently USD/CHF is trading around 1.1220/30, 0.05% above today's opening price action.br /br /According to Tim Salem, collaborator at FXstreet.com,
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Forex: GBP/USD rises to 1.5335, new 4-month high
Fxstreet.com (Barcelona) - After rising around 70 pips in the last hour, the GBP/USD has reached a new 4-month high at 1.5335. Currently the pair is trading around 1.5315/25, 1.30% above today's opening price action.According to the Swiss e Trade Strategy Team, the pound is about to give away recent gains dropping to 1.5150: ?In a bold move, cable is trying to break a long-term resistance zone in early European hours, currently trading at 1.5270, near the day?s high. We
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