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Forex: USD/JPY: Dollar breaks above 99.00
FXstreet.com (Barcelona) - The Dollar continues appreciating against the Yen and The Pair has broken above 99.15 previous two-weeks high reaching 99.30; 0.75% above its day opening level.Tim Salem, collaborator at FXstreet.com points out to 99.20 as a key level on the upside: ?If Breached, Appreciation sees 99.21 Dynamic Resistance followed by 99.68 and 100.04 in the Near-Term. Failure to hold the Double-Top will define the Formation, as Price Depreciates to the Dynamic Static Support Area of 97.72. 97.50 Confluence
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Forex: GBP/USD: Sterling breaks above 1.5200, approaching 1.5245 level
!--TITOL: h1Forex: GBP/USD: Sterling breaks above 1.5200, approaching 1.5245 levelFITITOL--FXstreet.com (Barcelona) - The Pound has strengthened during the European session so far and, after having bottomed at 1.5115 on Asian session, the Pound recovered to levels around 1.5235, approaching resistance area at 1.5245.br /br /According to a href=http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.v02.htmlTim Salem/a, collaborator at FXstreet.com, the Pound is on a descending triangle formation, and 1.5260 is the level for an upward breakout: A Violation of the Hourly 20SMA sees the Daily Pivot at
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Forex: EUR/USD: Euro rally capped at 1.3515
!--TITOL: h1Forex: EUR/USD: Euro rally capped at 1.3515FITITOL--FXstreet.com (Barcelona) - Euro recovery from 1.3425 has capped at 1.3515 intra-day high, although the pair has been unable to break above there, and the Euro has pulled back to levels around 1.3480.br /br /According to Valeria a href=http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.v03.htmlBednarik/a, collaborator at FXstreet.com the Euro has found resistance at the hourly 200 EMA: Risk swings are dominating the pair that quickly regained the upside. Now fighting the 200 EMA in the hourly, indicators lost
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EUR/USD: Euro at 1.3050; further climbing likely
FXstreet.com (Barcelona) ? The Euro is trying to break above the 1.3035/50 zone and leave the trading range, around 1.3000 where it has been moving in the last hours, and climb further to recoup yesterday?s losses seem possible, as risk appetite seems to have returned to markets.According to Valeria Bednarik, collaborator at FXstreet.com, the Euro is in an upside momentum: ?Moving in a tight range between 1.2890 and 1.3043, pair attempt to break to the downside and failed, quickly regaining
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EUR/USD: Decline from 1.3385 hits intra-day low at 1.3190
FXstreet.com (Barcelona) ? The Euro has reversed widely previous gains and after having peaked at 1.3385, EUR/USD has suffered a downward correction that has driven the pair down to 1.3190 intra-day low on early U.S. session. At the moment the Euro trades around 1.3240.Valeria Bednarik, collaborator at FXstreet.com observes the Euro decline as a corrective move after two days of continuous climbing: ?Pair continues correcting after past two days upside run and braking under the 38.2% of the last up
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USD/JPY Current Price 97.65
FXstreet.com (Buenos Aires) - USD/JPY Current Price 97.65. Yen quickly lost its safe-haven status and lost around 80 pips after FOMC statement, breaking the roof of the descendant channel we have been following. The pair expend the last few hours consolidating inside a small flag that just break to the upside at the beginning of Asian session.?Hourly indicators present some bearish divergences, yet the pair does not seem over bought yet,? said Valeria Bednarik, collaborator at FXstreet.com. Consider yesterday?s high
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Forex: EUR/USD is back above 1.3200
FXstreet.com (Barcelona) - After falling around 195 pips and reverse its initial gains from 1.3385 to 1.3190, intra-day low, the EUR/USD has begun to rise and it has reached 1.3280 level. Currently the pair is trading around 1.3235/45 after falling 0.20% so far today from opening price action at 1.3267.According to Valeria Bednarik, FXstreet.com collaborator, EUR/USD continues correcting down: Pair continues correcting after past two days upside run and braking under the 38.2% of the last up leg and tending
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Forex: EUR/USD: Euro correcting higher, from 1.34245 low
!--TITOL: h1Forex: EUR/USD: Euro correcting higher, from 1.34245 lowFITITOL--FXstreet.com (Barcelona) - The Euro declined from Friday's high at 1.3650 to an intra-day low at 1.3425 level on Monday's Asian session and, according to Tim Salem, collaborator at FXstreet.com, the pair is correcting upwards. At the moment the Euro trades at 1.3465.br /br /a href=http://www.fxstreet.com/technical/analysis-reports/currency-majors-technical-perspective/2009-05-18.v02.htmlSalem/a foresees the Euro picking up to levels around 1.3500: Bearish Sentiment sees Price currently correcting to the Support Level at 1.3463, where Continuation sees 1.3488 Dynamic
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