GBPUSD holds above the 1.5100, USDCHF dropped to 0.9237 in Forex

May 6, 2015

EURUSD Euro/dollar may test the maximum

Yesterday’s decline in the euro/dollar didn’tlast long. Close to support in the area of 1.1052 he pair was bought out and she climbed up to the resistance in the area of 1.1223. In the Asian session the bulls have tested the 1.1241 mark. The mood remains positive, so in the short term possible testing of maximum at 1.1290. A breakthrough of this level will lead to an increase in the direction of the 14-th figure. The loss of support in the 1.1052-1.1000 area would mean a resumption of the downtrend.

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GBPUSD Pound/dollar hold above the 1.5100

Pound/dollar yesterday managed to hold above the support in the area of 51th figure. From it, the pair climbed up by testing the resistance at 1.5200-1.5217 which is holding back the onslaught of the bulls. Its breakthrough will lead to growth up to 1.5290/00. Tomorrow there will be parliamentary elections in the UK, which can provoke a splash of volatility of the pound, so it is better to refrain from taking action. On the attempts of the bears to breakthrough below, you can consider opening long positions.

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USDCHF Dollar/franc dropped to 0.9237

The dollar/franc yesterday all day was under pressure, which led to a breakthrough of support in the 0.9307-0.9276 and reduction of the pair to the level of 0.9237. Pressure persists, kickbacks are limited by the resistance in the area of 0.9280. In the short term, possible testing of support 0.9218/00, a breakthrough of which, would open the way towards 0.9000. Rising above the 0.9307 will weaken the downward pressure.


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USDJPY Dollar/yen continued to sell on the growth

To buy US dollar against the Japanese yen above 120-th figure of interested people are still not. More, on the growth to 120.50 it was sold out, which led to a breakthrough 120.00 and reduction to the support in the area of 119.72. Thus, the downside risks in the direction of the 116th figures are maintained, and for the resumption of growth the dollar still needs a sustained breakthrough of the psychological level of 120.00.

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