EURUSD Euro/dollar is under pressure.
Yesterday, pressure on the euro/dollar remained. Decreasing, the pair approached to the 1.0810 of support area. After a rollback to the level of 1.0845 in the Asian session, it fell down to 1.0779. The nearest support is at 1.0767, and the next one – is in the area of 1.0720/00. Return above the 1.0800, will alow to assume some stabilization of the rate. Published today data on consumer inflation in the eurozone can influence the dynamics of the pair, but most investors will be focused on data from the US labor market, published on Friday.
GBPUSD Pound/dollar in the power of bears.
Being under pressure from the bears, the pound/dollar has declined yesterday, reaching the 1.4752 support area. Kickbacks were limited by the resistance in the area of 1.4843. In the Asian session, the pressure on the pair remained, and at the moment, it is close to yesterday’s low. Their breakthrough will lead to a fall to the support at 1.4722-1.4688, the loss of the last level will open the way to the 46th figure. For the bulls a key level is 1.5000. Today will be published the data on the GDP of the UK, which may have an impact on the dynamics of the pair.
USDCHF Dollar/franc is growing.
As we expected, demand for the dollar/franc remained on dips, and the pair, yesterday, has tested and brokethrough the resistance at 0.9666, which ensured its growth up to 0.9688. Today, at the moment, bulls have tested the resistance at 0.9706. In the short term they can test the level of 0.9732, and in case of it’s breakthrough – the 98th figure. The loss of 0.9666 will open the way to the 96th figure.
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USDJPY Dollar/yen is trying to consolidate above 120.00.
Having bought out the US dollar against the Japanese yen, the bulls have tested and brokethrough the resistance at 120th figure. Above the 120.36, they were unable to get through, but on the downside to the 120th figure, the dollar continue to purchased out. Having consolidated above it, the dollar can in the short run to test the resistance at 121.20-121.50. Another loss of 120.00 may lead to the resumption of the dollar’s decline.
