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Forex: EUR/USD found support at 1.3335, back above 1.3350
FXstreet.com (Barcelona) - After falling from 1.3435, intra-day high to find support at 1.3335, the EUR/USD has risen to trade above 1.3350 level. Currently the pair is trading around 1.3360 after falling 0.40% so fartoday from 1.3416 opening price.Valeria Bednarik, FXstreet.com collaborator, says: Consolidation range has moved up to the 1.33/34 zone, with daily charts still slightly bullish. 1.3550 where we have the 200 EMA will be a key point for the pair in the term. Above it, upside bias
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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 (foreign exchange) Currency trading
Forex trading (foreign exchange), Currency trading, Daily forex major currency technical analysis
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Forex: GBP/USD falls below 1.5500 after testing 1.5515
FXstreet.com (Barcelona) - After rising 90 pips in the early American session from 1.5425 to test the 1.5515, 2009 high, the pais has been rejected to 1.5470. Currently the pair is trading around 1.5470/80, 1.00% above today's opening price.Valeria Bednarik, FXstreet.com collaborator, says in her Advisor blog that GBP/USD is inside of ascendant channel: Gbp/Usd bullish rally continues, and seems likely a test of the roof of the channel you can see in this 4 hours charts, before any retracement/correction
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EUR/USD: The Euro falls below 1.3400; potential double top at 1.3435
FXstreet.com (Barcelona) ? The Euro has been rejected at 1.3435 intra-day low and the pair has lost about 80 pips so far, dropping to levels below 1.3400 and approaching intra-day llow at 1.3325.Valeria Bednarik, collaborator at FXstreet.com advances the possibility of a Double-top at 1.3435: ?Probable double roof formation in the hourly chart, 1.3340 zone is holding the upside. Both momentum and RSI point for further rises in the pair that also remains above 20 SMA. Bigger charts are giving
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Sterling remains reluctant to correct
FXstreet.com (Buenos Aires) ? Gbp remains reluctant to correct despite indicators show some bearish divergences both in 1 and 4 hours charts. Consolidating between 1.6155/90 zone, failure to break under 1.6155 could set bases for a new leg higher, with the mid 1.63~ as probable target for next sessions.?20 SMA bullish slope will continue acting as dynamic resistance, now at 1.6120,? said Valeria Bednarik, collaborator at FXstreet.com.For more information, read our latest forex news.
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