EUR USD Euro/dollar is trying to break through the resistance
Bulls on the euro/dollar persevere, once again testing the resistance at 1.1042/52. Thereafter, the pair declined to 1.0984, but the demand for it persists. Attempts to growth occur extremely on profit taking ahead of a FOMCmeeting, the results of which will return either sellers or will contribute to a break through of the resistance and the development of a larger correction.
GBPUSD Pound/dollar remains below 1.5200
Once under pressure from the sellers, the British pound against the US dollar again fell below the 52nd figure, down to the support in the area of 51st. Attempts to increase limited by the level 1.5184. The situation remains the same – to continue the correction, the pound needs a steady growth above the 1.5200-1.5239, until then, downside risks will remain.
USD CHF Dollar/franc is trading in different directions
The dollar/franc is trading in different directions. Yesterday the pair has tested support at 0.9785and then was an attempt to increase, limited by the resistance of 0.9864. Pressure on the dollar ahead of a FOMC meeting of the Federal Committee on Open Market remains, but the results of the meeting can regain consumer interest. As much as, in fact, to provoke a dollar selling.
Free Reports:
USD JPY Dollar/yen may test 120.00
The dollar/yen is still in the grip of bears. Attempt to growth was limited by resistance at 121.35, after testing of which, the pair fell to the 120.34 level. The loss of support 122.20-122.00 will weaken the position of the bulls on the dollar/yen, and in the short term bears can test the 120-th figure. Its break through will increase downward pressure, but before the announcement of the results of the FOMC meeting, to hurry with the opening short positions is not worth it.
