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Forex: EUR/USD: Euro drops below 1.3930 to a intra-day low 1.3890

FXstreet.com (Barcelona) - The Euro has broken below support level at 1.3990 reaching a fresh intra-day low at 1.3890 to pick up afterwards to levels right above 1.3900.Immediate support level lies at intra-day low 1.3890 and below there 1.3855 (May 26 low), and 1.3820/40 area. On the upside, first resistance level could lie at previous intra-day low 1.3930 and if the Euro manages to rise above there, next resistance could lie at 1.3985/1.4000 area, and above here, 1.4025.For more information,

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Forex: USD/JPY: Dollar weakens below 95.10 ahead of U.S. session opening

FXstreet.com (Barcelona) - Rejection at 95.50 resistance level has driven the dollar to trade at levels below 95.15 support level ahead of the U.S. session opening.On the downside, next support levels could lie at 94.90 and below there, 94.40/50 (May 25/26 low) and then 93.85 (May 22 low) . On the upside, resistance levels, above 95.15 lie at 95.50, and then 95.80/90 and May 20 high at 96.10/25.For more information, read our latest forex news.

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Forex: EUR/USD: Euro bounces at 1.3890 and returns above 1.3930

FXstreet.com (Barcelona) - Euro pull down has found support at 1.3890 level and the pair has picked up strongly returning to levels above 1.3930 to reach prices around 1.3950 at the time of writing.The Euro might find resistance at 1.3960 level, and above here, at the 1.3985/1.4000 area, and 1.4025. On the downside, support levels lie at intra-day low 1.3890 and below there 1.3855 (May 26 low), and 1.3820/40 area.According to George Antonakos, technical analyst at FXGreece, failure to

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Forex: GBP/USD: Pound pulls down from 1.6040 to levels below 1.6000

FXstreet.com (Barcelona) - The Pound has gone through a moderate correction after hitting a fresh 6-month high at 1.6040, driving the sterling back to 1.5950, to pick up afterwards to levels right below 1.6000.Initial resistance lies at the 1.6000 level, and above there, 1.6050 (38.20% Fib retracement of the Jul 08-Jan 09 decline), then, next resistance comes at 1.6160. Support levels lie at the 1.5950, and below there, 1.5915/25 (Intra-day support) and 1.5830 (May 25 low).For more information, read our

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Forex: GBP/USD tests 1.5320 resistance level after US opening bell

!--TITOL: h1Forex: GBP/USD tests 1.5320 resistance level after US opening bellFITITOL--Fxstreet.com (Barcelona) - Cable has risen 60 pips from 1.5260 support to test 1.5320 resistance in the last hour after the US opening bell. GBP/USD recovery from 1.5115 low in Asian session has extended to levels above 1.5300. After having reached an intra-day high at 1.5320, the Pound trades around 1.5305 at the time of writing.br /br /Valeria Bednarik, FXstreet.com contributor, suggests that a href=http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.v03.htmlCable uptrend is exhausted and the

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Forex: GBP/USD: Pound bounces up from 1.5950 and returns above 1.6000

FXstreet.com (Barcelona) - The Pound has recovered strongly from its dip to 1.59509 and the pair has erased losses returning to levels above 1.6000. At the moment, the Pound trades at 1.6020.Next resistance level lies at 1.6050 (38.20% Fib retracement of the Jul 08-Jan 09 decline), above there, next resistances lie at 1.6195 (Nov 5 high) and 1.6220 (Nov 3 high volume). Support levels lie at 1.5915/25, and below there, 1.5850/35 and intra-week low at 1.5775.On a longer point of

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Forex: EUR/USD: Euro testing support at 1.4130

FXstreet.com (Barcelona) - EUR/USD has eased from 5-month high at 1.4245 reached yesterday to trade in a range from 1.4130 to 1.4185 during Tuesday's Asian session. Ahead of the European session opening the Euro is down to test intra-day low at 1.4130.Support levels, below the mentioned 1.41300 are located at 1.4095 (Jun 1 low) and 1.4065/70. On the upside, initial resistance level lies at 1.4185 (Today's high) and above there, 1.4225/30 and 1.4250 (Jun 1 high).EUR/GBP decline fro, 0.8800 May

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