Posts Tagged Forex

Forex Trading – GBP/USD

Forex Trading – GBP/USD

Yesterday, in the first trading hours, the British pound was in range 1.6020-1.6130 USD. During the European session, it raised its value to 1.5020 USD. This morning the currency pair is trading at 1.6050-1.6085.

According to Forex analyses, if GBP breaks the resistance levels at 1.6070-1.6090  USD, the aim will be reaching and testing the zone 1.6110-1.6130 USD. If it is successful, the upward trend will continue to 1.6150-1.6170 USD.

If GBP drops below the support levels at 1.6050-1.6025 USD, it will try to find a next support at 1.6000-1.5975 USD. In case of breaking down, the downward trend will continue to 1.5950-1.5920 USD.

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Forex Traiding – EUR/USD

Forex Traiding – EUR/USD

Yesterday, during the first trading hours euro began lowering its value and during the US session it reached 1.3320-1.3415 USD.  This morning the currency pair is trading at 1.3335-1.3365.

According to Forex analyses, if euro breaks the resistance levels at 1.3360-1.3385 USD, the aim will be reaching and testing the zone 1.3415-1.3435  USD. If it is successful, the upward trend will continue to 1.3460-1.3480 USD.

If euro drops below the support levels at 1.3320-1.3300 USD, it will try to find a next support at 1.3280-1.3250 USD. In case of breaking down, the downward trend will continue to 1.3220-1.3200 USD.

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Forex Trading – AUD/USD

Forex Trading – AUD/USD

During the trading hours yesterday, the Australian dollar was in range 0.9815 – 0.9970  USD. This morning the currency pair is trading at 0.9940-0.9955.

According to Forex analyses, if Australian dollar breaks the resistance levels at 0.9950-0.9965 USD, the aim will be reaching and testing the zone 0.9985-1.0010 USD. If it is successful, the upward trend will continue to 1.0030-1.0050 USD.

If AUD  drops below the support levels at 0.9935-0.9905 USD, it will try to find a next support at 0.9885-0.9870  USD. In case of breaking down, the downward trend will continue to 0.9850-0.9825 USD.

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Forex Trading – USD/JPY

Forex Trading – USD/JPY

During the trading hours yesterday, the US dollar was in range 82.70-83.25 JPY. This morning the currency pair is trading at 82.95-83.10.

According to Forex analyses, if US dollar breaks the resistance levels at 83.10-83.25 JPY, the aim will be reaching and testing the zone 83.40-83.60  JPY. If it is successful, the upward trend will continue to 83.80-84.00 JPY.

If USD drops below the support levels at 82.95-82.80 JPY, it will try to find a next support at 82.65-82.45 JPY. In case of breaking down, the downward trend will continue to 82.25-82.05 JPY.

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Forex Trading – USD/CAD

Forex Trading – USD/CAD

During the trading hours yesterday, the US dollar was in range 0.9925-0.9990 CAD. This morning the currency pair is trading at 0.9965-0.9975.

According to Forex analyses, if US dollar breaks the resistance levels at 0.9970-1.0000 CAD, the aim will be reaching and testing the zone 1.0020-1.0040  CAD. If it is successful, the upward trend will continue to 1.0060-1.0085 CAD.

If USD drops below the support levels at 0.9965-0.9945  CAD, it will try to find a next support at 0.9930-0.9915 CAD. In case of breaking down, the downward trend will continue to 0.9900-0.9880 CAD.

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