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Forex: USD/JPY: Dollar drops to a fresh 2-month low at 93.85

FXstreet.com (Barcelona) - The Dollar continues weakening against the Yen and on Friday's Asian session, the pair fell below 94.00 to a fresh 2-months low at 93.85.At the moment the pait tries o reach above 94.25 resistance level.Resistance levels, above 94.25, lie at 94.55 (May 18 low) and above there, 95.10/25 (May 21 highs). Support levels lie at 93.85 and below there, 93.55 (Mar 19 low) and 93.00.EUR/JPY has remained moving in a range between 130.75 and 131.50 aiming to

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Forex: USD/JPY: Dollar pulls back from 96.70 resistance level

FXstreet.com (Barcelona) - Dollar recovery from yesterday's low at 94.55 has halted at 96.70 resistance level, May 13 high, and the pair has pulled back to levels right above 96.10 support.According to Stoyan Mihaylov, technical analyst at Deltastock.com, the Dollar is on the upside, after hitting a bottom at 94.55: As expected, 94.55 was confirmed to be the end of the slide from 99.74, so current bias is positive for 97.12. Intraday support comes at 96.50 and crucial is 96.12.Resistance

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Forex: EUR/USD: Euro rose to a fresh 4-month high at 1.3955

FXstreet.com (Barcelona) - EUR/USD broke resistance level at 1.3830/40 and the pair rose during Friday's Asian session to a to a new 4-month high at 1.3955, to ease, at the time of writing, to levels right above 1.3900.Resistance levels, at this point, lie at intra-day high 1.3955 and above here, 1.3965 (Jan 5 High) and 1.4000 psychological barrier. On the downside, support levels lie at 1.3900 and below there 1.3830 (May 20 high) and 13725 (May 21 low).EUR/GBP rallied to

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Forex: EUR/USD: Euro turns up after U.S. markets opening; approaching day high at 1.3620

FXstreet.com (Barcelona) ? The Euro has squeezed up a bit on the back of a moderate positive opening on U.S. markets, and from levels right above intra-day low at 1.3525, the Euro is reaching prices around 1.3600 with intra-day high at 1.3620 on sight.Resistance levels are, the mentioned 1.3620 and above there, 1.3655/65 and 1.3720 (May 13 high). On the downside, support levels stand at 1.3525, and below there 1.3500 and 1.3470 (May 7 high).According to Greg Holden, technical

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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: GBP/USD recovers its initial losses and rises above 1.5900

Fxstreet.com (Barcelona) - After finding support at 1.5835, intra-day low, (coming from its 95 pips decline from 1.5930 in the Asian session) Cable has begun to rose to take levels above 1.5900. Currently the pair is trading around 1.5915/15, 0.05% above todays opening price action.The Kshitij Consultancy Service Team affirms: Cable has moved in a narrow band of 100 pips during the day. There's immediate Resistance at 1.5945 and beyond that it might try to move towards 1.6050 and face

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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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Canada Leading Indicator drops for 8th month in a row in April; USD/CAD at key support

FXstreet.com (Barcelona) - Economic activity shrank 1.0% in Canada in April for the eighth consecutive time, the largest negative period since the early 90's recession.April's decline, broadly in line with the market consensus, follows a 1.5% drop in March. The USD/CAD remains at key 1.1475 support (May 10 low) after the release of the leading indicators Index; next resistance level lies at 1.1525 and 1.1585. Support levels ie at 1.1475 and 1.1300For more information, read our latest forex news.

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Forex: EUR/USD: Euro drops below 1.3900

FXstreet.com (Barcelona) - Risk aversion on speculation about troubled German banks, with too large amounts of toxic assets, plus grim Euro Zone data, has pulled the Euro down, back to levels below 1.3900, from 1.4022 intra-day high reached on early Asian session. At the moment, the Euro trades at 1.3880, 0.93% below its opening price action.Immediate support level lies at 1.3870 intra-day low, and below there, the Euro could find support at 1.3820/40 and 1.3725 (May 25 low). Resistance levels

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Forex: USD/JPY: Dollar dipped to a fresh 2-month low at 94.55

!--TITOL: h1Forex: USD/JPY: Dollar dipped to a fresh 2-month low at 94.55FITITOL--FXstreet.com (Barcelona) - The Dollar continues declining against the Yen and on the week's opening, the pair has dipped to a new low at 94.55. The Dollar has remained moving, afterwards, from the mentioned low to 95.05 session high.br /br /Resistance levels lie at the 95.30/55 area, and above there, 95,80. if the pair reaches higher levels, next resistance level could be 96.200 (May 15 high). Support levels lie

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