{"id":69358,"date":"2015-03-11T07:35:02","date_gmt":"2015-03-11T11:35:02","guid":{"rendered":"http:\/\/countingpips.com\/?p=69358"},"modified":"2015-03-11T07:35:02","modified_gmt":"2015-03-11T11:35:02","slug":"eurusd-continued-to-fall-usdchf-has-tested-the-parity-in-forex","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2015\/03\/eurusd-continued-to-fall-usdchf-has-tested-the-parity-in-forex\/","title":{"rendered":"EURUSD continued to fall, USDCHF has tested the parity in Forex"},"content":{"rendered":"
March 11, 2015<\/div>
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EURUSD Euro\/dollar continued to fall.<\/strong><\/p>\n

Yesterday fall of the euro\/dollar continued. As a result, a pair has broke through a minimum, that was reached last week, and fell down to 1.0668. RSI shows oversold of it, which increases the risk of profit-lock, but not the fact that at the current levels. It is possible to test 1.0500 before we see attempts to adjust. Growth in the direction of 1.1000 can be used to open short positions.<\/p>\n

\"euro\"<\/a><\/p>\n

GBPUSD Pound\/dollar is consolidating after the fall.<\/strong><\/p>\n

The pressure on the pound\/dollar remains, but the pair manages to hold above of 1.5040 support area. Attempts to restore are limited by the resistance in the area of 51th figure. So, the pair is in a consolidation phase after the fall at the end of last week, trading in a range bounded by the above-mentioned levels. Breakthrough of support will lead to the testing 1.5000-1.4950, rising above 1.5100 will allow the bulls to test 1.5137-1.5197.<\/p>\n

\"gbp\"<\/a><\/p>\n

USDCHF Dollar\/franc has tested the parity.<\/strong><\/p>\n

As might be expected, the dollar\/franc continued the growth, has tested the psychological level of 1.0000, which is still holding back the onslaught of the bulls. Kickbacks are limited, reflecting the continued demand for the US dollar. A breakthrough at 1.0000 will open the way towards the highs at 1.0266. From current levels up to 1.0266 at any stage of growth is possible a profit-lock.<\/p>

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\"chf\"<\/a><\/p>\n

USDJPY Dollar\/yen has tested 122.02.<\/strong><\/p>\n

US dollar against the Japanese yen was moving higher and higher, going up to the level of 121.85 and tested a 122.02. To consolidate above of 121.85, it has failed and has come under pressure, it declined to support around 120.90. This should be a wake-up call for the bulls, but as long as the pair trades above this level, the chances for continued to growing will remain. The loss of support will lead to a reduction to the level of 120.00, a breakthrough of which, will signal about the resumption of a downward correction. The passage of the 122nd figures will open the way towards the 125th.<\/p>\n

\"jpy\"<\/a><\/p>\n

provided by IAFT<\/a><\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

EURUSD Euro\/dollar continued to fall. Yesterday fall of the euro\/dollar continued. As a result, a pair has broke through a minimum, that was reached last week, and fell down to 1.0668. RSI shows oversold of it, which increases the risk of profit-lock, but not the fact that at the current levels. It is possible to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69358","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/69358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=69358"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/69358\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=69358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=69358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=69358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}