EURUSD tested 1.0781, GBP USD remains under pressure in Forex

January 5, 2016

EURUSD Euro/dollar tested 1.0781

Euro/dollar has started yesterday on a positive note, rising up to the resistance in the area of 1.0946. After testing this level, of enthusiasm of bulls has gone and a pair, again came under pressure, fell to 1.0781 of support. Attempts to growth are now limited by resistance 1.0840. The negative outlook remains in force, a breakthrough of the 08th figure will open the way towards the 06th figure.

GBP USD Pound/dollar remains under pressure

In the area of the 47th figure, has appeared demand on the British pound, against which, it is paired with the US dollar rose up to the resistance in the area of 1.4816. However, continue to recover it failed and, subjected to sale, he returned to the 47th figure, broke it through and tested the support at 1.4662. So bears can once again test the strength of support of 1.4600-1.4566, a breakthrough of which, will allow them to test a 45th figure. In the area of 46th figure is possible activation of the bulls.

USD CHF Dollar/franc is trying to consolidate above 1.0000

The US dollar continue to buy out for the Swiss franc. This allowed him to push off from the support in the area of 0.9923 and reach the level of 1.0062. On the rollback to the psychological level of 1.0000 the demand persists, and with it a high chances of continuation of growth to the 1.0100-1.0200. For the bears remains the key is a figure of 98th, a breakthrough of which, is necessary for the continuation of a downward correction.


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USDJPY Dollar/yen is recovering after a decline

Yesterday, being under pressure from the Japanese yen, the US dollar broke through support at the 120-th figure, which led to the fall of the pair to the level of 118.70. After its testing, the pair retreated to 119.70. Below the 120th figure, dollar looks vulnerable, but as long as it trades above the 118.70-118.06, talk about the end of an uptrend is too early.

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