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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 drops lower to 95.20 intra-day low

FXstreet.com (Barcelona) - Rejection from 96.10 resistance area has extended below previous intra-day low and the Dollar has weakened on early U.S. session to 95.20 low, giving away most of ground taken on Monday's rally.According to Valeria Bednarik, collaborator at FXstreet.com, the hourly 20 SMA, currently around 95.85, is exerting resistance on the pair: Still under pressure after breaking under 96.00, indicators in the hourly chart are quite flat, but slightly bearish, while 20 SMA above actual price kept the

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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: USD/JPY: Dollar rejected at 95.10 level

FXstreet.com (Barcelona) - The Dollar has been unable to break through resistance area at 95.10 after having bounced at 94.50 intra-day low ahead of the European session and the pair has set back to levels right below 95.00.In case of successful move above the 95.10/25 area, next resistance level lies at 95.40/45 and above there, 96.10/20 (May 20 high). On the downside, initial support lies at 94.40/50 (may 25/Intra-day low). below there, 93.85 (May 22 low) and 93 55 (May

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Forex: EUR/USD; The Euro reaches 1.4040/50 resistance area

FXstreet.com (Barcelona) - Euro recovery from 1.3825 intra-day low has extended 215 pips above to reach resistance area art 1.4040/50 on early U.S session, and the Euro has eased slightly to levels right above 1.4000.In case of breaking above 1.4040/50, next resistance level comes at 1.4080 and then 1.4115/30 (Jun 12 high). On the downside initial support lies at 1.4000, below there, 1.3920 and 1.3870.According to Valeria Bednarik, collaborator at FXstreet.com, the Euro is exhausted in the hourly chart, after

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Forex: USD/JPY: Dollar rally found resistance at 97.05

FXstreet.com (Barcelona) - Dollar rally from yesterday's low at 94.65 low has found resistance at the 97.00 area, and the pair has turned down to test support level at 96.70.Below 96.70 (May 19 high) next support level could be at 95.50 (May 27 high) and then, probably at the 95.10/15 area. Resistance levels lie at 97.15/25 (May 11 high), and above there, 97.85 (May 12 high) and 98.00/05.Tim Salem, collaborator at FXstreet.com, warns about a potential corrective reaction in the

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Forex: EUR/USD: Euro breaks above intra-day high at 1.3850

FXstreet.com (Barcelona) - The Euro bounced at 1.3790 and has broken above resistance area at 1.3850/60 (intra-day high/May 26 low) reaching levels around 1.3880 so far.Immediate resistance lies at 1.3900/25 congestion area and above there, 1.3940/50 area, and 1.400. On the downside, support levels lie at 1.3800, and below there, next support levels could be at 1.3755 and 1.3725 (May 21 low).According to Tim Salem,collaborator at FXstreet.com, 1.3880 is a key level for the Euro: The Hourly Corrective Downtrend continues

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Forex: EUR/USD: Euro, testing resistance at 1.3885

FXstreet.com (Barcelona) - The Euro recovery move from 1.3790 intra-day low is struggling with resistance level at 1.3885, right where the hourly 26 SMA line lies.Tim Salem, FXstreet collaborator, observes 1.3880 as a key level for bulls: subtle Retracement sees the Daily Pivot at 1.3882/Hourly 20SMA Confluence Area. RSI Slope and Reading @ ?39? confirms the Bounce Directionality if It can be Sustained. A Breach of this Level finds 1.3912 Daily Dynamic Resistance, followed statically by 1.3942 where the previous

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Forex: GBP/USD: Pound, rejected at 1.5980 resistance

FXstreet.com (Barcelona) - The Pound has been rejected again at 1.5980 resistance level and on the back of weaker than expected U.S. housing data, the pair has returned to levels above 1.5910 area.According to Valeria Bednarik, collaborator at FXstreet.com, observes the Pound bearish on the hourly chart: Bearish in the hourly chart, pair seems ready to continue south after failed attempts above 20 SMA dynamic resistance now at 1.5930. Indicators support the view also in bigger time frames. 1.5850, today?s

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Forex: EUR/USD: Euro pulls back from 1.3955 high; remains above 1.3910

FXstreet (Barcelona) - Euro rally on early U.S. session has been halted at 1.3955, and after weaker than expected U.S, new home sales, the Euro has given back some of the ground, declining to levels around 1.3910 so far.Immediate support lies at 1.3900/1.3885 area, and below there,1.3850 and intra-day low at 1.3790. On the upside, resistance levels lie at 1.3940/50 area, and 1.4000. Above here, 1.4050 (May 22 high).According to Valeria Bednarik, collaborator at FXstreet.com points out to the pair's

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