EUR USD Euro/dollar is trying to consolidate above 1.0800
With the beginning of the new trading week, despite a number of important events of the last week, the activity of participants in the currency market was quite low. The euro remained under pressure from the US dollar, falling to the support in the area of 08 th figure. Attempts to growth are limited by resistance 1.0860. To preserve the chances of a return above the 09 th figure and test the psychological level of 1.1000, the single currency needs to consolidate above 1.0800. The loss of this level will signal on the resumption of decrease in pair.
GBP USD Pound /dollar is under pressure
Yesterday, the British pound was again under pressure from the US dollar, due to what, the pair fell to the 1.5040 of support area. Today, bears are trying to break through this level, which, is in case of success, will allow them to test the psychological level of 1.5000. Its loss will increase bearish pressure. Having consolidated above 1.5040-1.5000, pound be able to implement assault of the resistance 1.5158 .
USD CHF Dollar/franc is consolidating after a decline
The dollar/franc is consolidating after a decline to the support in the area of 0.9875, which was tested last week. Attempts to growth are now limited by resistance in the area of 1.0033. For the resumption of growth, US dollar needs a confident break through of this level. The inability consolidate above 1.0000/33 will lead to a reduction towards 0.9800.
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USD JPY Dollar/yen is in the range
With the beginning of the new trading week, there were no changes in the overall picture for the dollar/yen. The pair slightly increased, resulting in a testing of level of 123.47. In the Asian session the pair decreased, approaching the 123rd figure. Failure to overcome the 124-th figure increases the risks of breaking and testing 122nd, that will open the way towards the psychological level of 120.00.
