EURUSD Euro/dollar remains under pressure
Euro/dollar was under pressure yesterday, by falling to 1.0712 of support in area. Kickbacks were limited by the resistance in the area of 1.0768. Pressure on the pair remains, and with it, the risks of breakingthrough and reduction of ongoing support towards the 1.0624/00. Overall, the situation has not changed – to continue the growth, the euro needs to overcome the resistance in 1.0848-1.0900 area, until then, the forecast will remain negative.
GBPUSD Pound/dollar declines
Pound/dollar with the beginning of the new trading week, was unable to continue the growth and get back above the psychological level of 1.5000. Having decreased, the pair has tested the support at 1.4880, which has successfully hold back the pressure from the bears. Its breakthrough will lead to a reduction down to 1.4820-1.4800. If the pound will be able to consolidate above it, the bulls in the short term again will test the level of 1.5000, a breakthrough of which, is necessary for the continuation of recovery.
USDCHF Dollar/franc is recovering after fall
The dollar managed to be kept from falling below 95-th figure in pair with the Swiss franc. Having consolidated above this support, the pair managed to recover up to resistance in area of 96-th figure. On decrease to 0.9526, pair has continued to redeem, and it once again getting closer to 0.9600. The breakthrough of this level will allow bulls to test the resistance in area 0.9666, growth above will improve prospects of dollar. The loss of 0.9555 will jeopardize the testing and breakingthrough 0.9500.
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USDJPY Dollar/yen pushed off from the support
Dollar/yen continues to trade in different directions. On the decline to 118.53 the pair was bought out and it climbed to the level of 119.43, and today – up to 119.53. Thus, the dollar was able to hold above the support in the area 118.21/00, which allows the bulls to hope for a next testing of 120th figure. However, while the pair is trading below it, the risks of renewal reduction – will remain.
