EURUSD continued its decline, USDCHF is moving higher in Forex

September 22, 2015

EURUSD Euro/dollar continued its decline

Yesterday the decline of the euro/dollar continued. Under conditions of quite low market activity there was not a rapid rally, but the pair, however, decreased from the resistance in the 1.1330 to the support of 1.1181. The next, bears may test support at 1.1100-1.1087, break through of the last level will lead to a reduction to 1.1000.

GBPUSD Pound/dollar declines

Powerful direction of movements yesterday was not, but the British pound against the US dollar still lost about 87 points, having fallen from the level of 1.5567 to the support of 1.5480 of support area. The pair looks capable to continue decline, where a confident break through of 1.5500-1.5480 will lead to a fall to 1.5400-1.5377.

USDCHF Dollar/frank is moving higher

As expected, the dollar/franc, having returned above 0.9666, keep a positive attitude, by testing yesterday resistance in the area of 0.9740, after which there was a rollback to the level of 0.9679. Today bulls once again attack the resistance, a break through of which will allow them to test a 98th figure. The loss of 0.9666/42 would put into question the ability of the dollar to resume the uptrend.


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USDJPY Dollar/yen is testing the 120.66

Climbing to the resistance in the area of 120.66, the US dollar in tandem with the Japanese yen is trying to consolidate above the psychological level of 120.00, which will contribute to the preservation of the positive dynamics, and testing of the level of 121.00. The loss of 120th figure will lead to a reduction to 119.05/00.

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