GBP/USD: The Pound sets an attack to 1.4250; on its way to 1.4222 FXstreet.com (Barcelona) The Pound seems to be attempting to move south shortly ahead of Friday s European session; Sterling has breached some pips below intra-day support at 1.4225 and is [...]
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EUR/JPY: Below 1.2480, consolidating at high levels FXstreet.com (Barcelona) The Euro has been trading between 123.80 and 124.80 during Thursday s Asian session, after having rallied from support level at 123.00 on the day before.
The Euro has been trading in an ascendant line [...]
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RPT-Japan’s Topix hits lowest close in about 25 years - CNBCBy Aiko Hayashi TOKYO, Feb 20 (Reuters) - Japan’s broad-based Topix index booked its lowest close in 25 years on Friday, falling 1.6 percent as bank shares slipped on worries about their European peers, while exporters largely failed to benefit from
Eur/Usd Pennant Formation The euro is in the beginning of forming into a pennant on the four hour chart. The team typically likes to see three price points on the trendline, but this pair is definitely worth watching. The 1.2700 area has acted as support and resistance several times in the recent [...]
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Forex and Dow Jones Recommended Levels EUR/USD Today’s support: - 1.2506(main), where correction is possible. Break would give 1.2480, where correction also may be. Then follows 1.2465. Break of the latter would result in 1.2443. If a strong impulse, we would see 1.2426. Continuation will give 1.2403.
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NZDUSD Fibonacci Support The NZDUSD drop from .5454 is viewed as wave b in an a-b-c corrective advance from .4958. A c wave is expected to exceed .5454 and challenge resistance… strategist@dailyfx.com (Jamie Saettele, Senior Currency Strategist)
