EUR USD Euro/dollar is consolidating after falling
Yesterday, the euro/dollar consolidated after falling to a level of 1.0705 last week. The pair tried to develop a recovery, which has been limited by the resistance in the area of 1.0790. The situation is very negative for the single currency, which can once again test the low of the last week, a break through of which will lead to a reduction in the area of 1.0600.
GBP USD Pound/dollar slightly recovered
The British pound also consolidating after falling against the US dollar. Yesterday the pair rose up to resistance at 1.5128, which is successfully holding back the onslaught of the bulls. Thus the risks of testing the current lows and their break through remain quite high. The loss of the psychological level of 1.5000 will open the way towards the 46th figure.
USD CHF Dollar/franc buying back from parity
After the growth to the resistance in the 1.0076, the dollar/franc entered a consolidation phase, in which the bears tried to return a pair below the important psychological level of 1.0000. Yesterday, their attempts were unsuccessful, as on the dips to this level the dollar continue to buy out. It keeps the chances of continued growth in the direction of the maximum at 1.0266 high.
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USD JPY Dollar/yen tested the 123.60
Yesterday, the US dollar in tandem with the Japanese yen, breaking last week’s maximum, has moved to the level of 123.60, which collided with an interest on sale, against of which was forced to retreat to support at 122.98. Here remained an interest on purchase, which gives a reason to assume testing of 123.60 and, in case of breaking through, the growth of the pair in the area of the 125th figure.
