{"id":17290,"date":"2010-12-26T19:51:03","date_gmt":"2010-12-27T00:51:03","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=17290"},"modified":"2010-12-26T19:51:03","modified_gmt":"2010-12-27T00:51:03","slug":"currencies-movements-versus-us-dollar-and-their-support-and-resistance-levels","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/12\/26\/currencies-movements-versus-us-dollar-and-their-support-and-resistance-levels\/","title":{"rendered":"Currencies movements versus US dollar and their Support and Resistance Levels"},"content":{"rendered":"<p>The Euro moved higher reporting the surge of 0.001% to 1.3114 on  Friday\u2019s trading session. Euro declined 0.01 percent against the British  Pound to 0.8499 where the pair EUR\/JPY also dropped 0.01 percent to  108.73 on Friday. The Euro is likely to find support at 1.3056 versus  the greenback whereas its resistance level is expected at 1.3201 which  also happens to be the day\u2019s high for the pair EUR\/USD on last week  Tuesday.<\/p>\n<p>The British Pound surged 0.04 percent to 127.96 versus the Japanese  Yen on Friday. The pair GBP\/JPY is likely to find support at 127.49  whereas the pair\u2019s resistance level is expected at 130.49.<\/p>\n<p>The Pound Sterling also advanced 0.04% to 1.5435 versus the  greenback. The Euro remained under pressure due to uncertainty over euro  zone\u2019s debt situation and declined 0.10 percent to 0.8492 versus the  British Pound.<\/p>\n<p>The support level for the pair EUR\/GBP is expected at 0.8447 whereas  the pair is likely to find resistance around 0.8526 which was also the  Thursday high in last week.<\/p>\n<p>Pound Sterling gained 0.04 percent against the US dollar to 1.5435  and the resistance and support level of the pair GBP\/USD are expected at  1.5577 and 1.5357 respectively.<\/p>\n<p>The New Zealand Dollar also moved up 0.15 percent versus the US  dollar to 0.7484 on Friday. The New Zealand Dollar also surged 0.10  percent versus the Australian Dollar to 1.3423 and 0.15 percent against  the Euro to 1.7522 on Friday.<\/p>\n<p>The pair NZD\/USD is expected to find support at 0.7348 whereas the pair is likely to find resistance at the level of 0.7501.<\/p>\n<p>The US dollar plunged 0.21 percent at 1.0072 versus the Canadian  dollar on Friday. The support and resistance levels for USD\/CAD are  expected at 1.0054 and 1.0209 respectively.<\/p>\n<p><strong>About the Author<\/strong><\/p>\n<p><strong>Daily <a href=\"http:\/\/www.dailyforextrade.com\/\" target=\"_blank\">forex trading news<\/a> written by Rehan from DailyForexTrade.com<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Euro moved higher reporting the surge of 0.001% to 1.3114 on Friday\u2019s trading session. Euro declined 0.01 percent against the British Pound to 0.8499 where the pair EUR\/JPY also dropped 0.01 percent to 108.73 on Friday. The Euro is likely to find support at 1.3056 versus the greenback whereas its resistance level is expected &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/12\/26\/currencies-movements-versus-us-dollar-and-their-support-and-resistance-levels\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Currencies movements versus US dollar and their Support and Resistance Levels&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-17290","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=17290"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/17290\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=17290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=17290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=17290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}