GBP/USD: The Pound sets an attack to 1.4250; on its (Forex)
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 on its way towards 1.4200.
Successful move beyond 1.4200 would put the Pound on the track towards 1.4160 (Feb 26 low) and once below there, next support level would be Feb 1.4135 (Feb 12 low) and 1.4090 (Feb 18 low).
On the upside, above 1.4310 would mark an intra-day high, and once above 1.4360, the hourly bias would turn to bullish and the Pound could attempt to move towards what it seems an important level at 1.4450.
FXstreet.com
New Zealand Dollar At Critical Support Level, More Losses Ahead?
A week of bearish fundamental data and a bout of risk aversion would end up leading the New Zealand dollar to break below the 0.500 price level. The RBNZ…
strategist@dailyfx.com (John Rivera, Currency Analyst)
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FXstreet.com (Barcelona) For more information, read our latest forex news.
FXstreet.com
The GBP/USD is rejected by the 1.4340, falls quickly
FXstreet.com (Barcelona) - After risen 230 pips from the 1.4110 to 1.4340 in the early American session, the GBP/USD has begun to fall quickly, around 120 pips in less than hour to the 1.4220 on high volatility return in Friday and end the month.
Currently, the pair is trading around the 1.4230/50. If the pair could be up again, next resistance could be 1,4270, 1,4330, and finaly the 1,4415 level. On the downside, if the pair come back to the 1.4110 again, it should break the 1.4050, the 1.3960 and finaly the 1.4335 resuming its downtrend.
FXstreet.com
Technical Analysis Daily: USD/JPY
Dollar/Yen continued their upward movement yesterday, but earlier this morning the currency couple dropped to 49.8% Fibonacci level to the bottom 97.17. USD/JPY hit the long target 98.26, reached a peak at 98.69 and closed at 98.49. Currently the signals remain ascending with targets towards the resistance 100.00. The CCI…
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