EUR/USD
The pair consolidates its higher levels, now at 1.3660 in a slight European morning upmove. We do not expect much further upside potential in today`s market, limited at 1.3680, where we see selling, down to support around 1.3600.
GBP/USD
Cable is working its way up this European morning, tested the 1.5000 resistance, currently at 1.5045. At the 1.5050 level we expect the bidding market to end, leaving downside room to 1.4950 today.
USD/CHF
The Dollar is presently on a downside move within a narrow trading range on lower levels in the early European market, currently trading at 1.0690 against the Swiss Franc. We expect further downside risk to be limited around 1.0670, from where fresh buys would move the market up to 1.0750.
USD/JPY
The now moderate bidding for the Dollar continued in late Asian and early European trading, with the market right now at 90.50 against the Yen and on its way to the 90.75 resistance zone. From there we see a sideways market today, moving between 90.80/90.20.
The pair consolidates its higher levels, now at 1.3660 in a slight European morning upmove. We do not expect much further upside potential in today`s market, limited at 1.3680, where we see selling, down to support around 1.3600.
GBP/USD
Cable is working its way up this European morning, tested the 1.5000 resistance, currently at 1.5045. At the 1.5050 level we expect the bidding market to end, leaving downside room to 1.4950 today.
USD/CHF
The Dollar is presently on a downside move within a narrow trading range on lower levels in the early European market, currently trading at 1.0690 against the Swiss Franc. We expect further downside risk to be limited around 1.0670, from where fresh buys would move the market up to 1.0750.
USD/JPY
The now moderate bidding for the Dollar continued in late Asian and early European trading, with the market right now at 90.50 against the Yen and on its way to the 90.75 resistance zone. From there we see a sideways market today, moving between 90.80/90.20.
