Risk returns as Euro eyes 1.3100 level


By TraderVox.com

Tradervox (Dublin) –  Euro printed a fresh high of 1.3282 during the US session after moving sideways in the Europeans session. The pair is trading around 1.3072, up about a third of a percent for the day. The support may be seen at 1.3060 and below at 1.3040. The resistance may be seen at 1.3100 and above 1.3140.

The Sterling Pound is approaching the 1.5700 levels as the improved risk mood among the investors. The pair is trading around 1.5683, up about a tenth of a percent for the day. The resistance may be seen at 1.5800 and above at 1.5870 levels. The support may be seen at 1.5760 and below at 1.5700 levels.
USD/CHF pair was punished heavily today with the pair approaching the 0.9200 levels. The pair is trading around 0.9233, down about 0.75% for the day. The pair has printed a fresh low of 0.9221. The support may be seen at 0.9200 and below at 0.9160 levels. The resistance may be seen at 0.9250 and above at 0.9300.
 
USD/JPY is sliding heavily today as the pair printed a low of 83.18. It is currently quoting around 83.35, down about 0.38% for the day. The resistance may be seen at 83.80 and 84.30. The support may be seen at 83.30 and below at 83.
 
The Australian dollar is comfortably trading above 1.0500 levels and it has printed a high of 1.0535. It is currently trading very close to the high of the day up more than 0.80% for the day. The support may be seen at 1.0500 and below at 1.0450. The resistance may be seen at 1.0560 and 1.0060 levels.
 
The US dollar index is trading near the low at 80.60.

Disclaimer
Tradervox.com is not giving advice nor is qualified or licensed to provide financial advice. You must seek guidance from your personal advisors before acting on this information. While we try to ensure that all of the information provided on this website is kept up-to-date and accurate we accept no responsibility for any use made of the information provided. Opinions expressed at Tradervox.com are those of the individual authors and do not necessarily represent the opinion of Tradervox.com or its management. 

Article provided by TraderVox.com
Tradervox.com is a Forex News Portal that provides real-time news and analysis relating to the Currency Markets.
News and analysis are produced throughout the day by our in-house staff.
Follow us on twitter: www.twitter.com/tradervox