The Dollar has bounced at 98.40 ahead of the European session opening and trades above 99.00 reaching levels at 99.20 resistance area.
In case of successful move above here, the Dollar would get on the path to 99.60 resistance (May 1 and 4 high) and above there, 99.70/75 (Mar 5, Apr 17 high). On the downside, support levels remain at 98.35/40 intra-day low and below there, 98.20 and 97.95 (May 6 low).
EUR/JPY has risen from 130.70 support level and the Euro reaches levels close to 13200 at the moment of writing. Resistance levels lie at 132.00/15 and 132.42. On the downside, support levels stand at 130.55 and 129.85.
adbrite
Popular Posts
-
The Yen rose against major currencies for second day in a row against European currencies. USD/JPY fell for third consecutive day. Today rea...
-
The U.S. dollar continued to gain today after the yesterday’s rather significant rally as the speculations that the world’s biggest economy ...
-
WASHINGTON -- A trio of reports Friday suggested the economy, while still sick, is healing a little. Consumer sentiment, for instance, got b...
-
Forex trading sites offer different account types. Make sure you find the right trading site , and then the job of selecting the account ty...
-
Market orders are the most basic Forex trading orders that are bought and sold for the current market price. With market orders, the...
-
Choose the right program for you - You first need to examine each of the websites, according to the services they offer. Some websites are ...
-
The Gross Domestic Product (GDP) - The sum of goods and services produced by domestic or foreign companies. Industrial Production - A measu...
-
Gross Domestic Product (GDP) – This measures the total market value of all goods and services that companies make within the country. This ...
No comments:
Post a Comment