Save-heaven assets are popular again.
Asian and European trading sessions:
New-Zealand Dollar: The New-Zealand dollar rate dropped against the competitor currencies after the release of the Consumer price data in New Zealand. According to the published information, the Consumer prices increased only for 0.8%, when the forecasted growth was at the 1.0% level.
Euro: The week started with the decrease of the euro. The EUR/USD pair demonstrated minimums at the level of $1.4350. The euro was pressured as a result of the speculations that the Greece would not be able to avoid default.
Elections in Finland also had a negative influence on the euro. One of the leading political parties “True Finns” is against the EC plan to render financial support to the European countries. Official results of the elections would be published later. The Parliament of Finland would probably block the decision to offer financial support to Portugal. New EUR/USD minimums were set at the $1.4265 mark.
US Dollar: Greenback was in demand on Monday, as concerns over the European debt crises reinforced.
British Pound: The GBP/USD pair dropped below the $1.6300 mark. Trading day minimums were set at the $1.6240 range.
Japanese Yen: The USD/JPY pair decreased to the Y82.60 level, but then managed to rehabilitate.
Gold: Gold rate showed new historical maximum at the $1496.90 level per ounce.
American trading session:
US Dollar: The released decision of the credit agency Standard & Poor’s to reduce the credit rating of the US from stable to negative rendered temporary support to the greenback competitors. As a result, the EUR/USD managed to grow and hit the $1.4350 maximum, and the GBP/USD rate increased to the $1.6300 level.
https://forex-metal.com/news_posts
Technical analysis for 19/04
EURUSD
The pair has declined to 1.41780. The next support is at 1.40690, resistance 1.42996.
Resistance: 1.44400, 1.46222, 1.47342
Support: 1.42996, 1.41780, 1.39600
GBPUSD
The pair is aiming to support 1.62050. If this level is broken the pair will decline to 1.60669.
Resistance: 1.63316, 1.64636, 1.67165
Support: 1.62050, 1.60322, 1.56722
USDCHF
The pair is trying to break 0.89635, this will bring the pair to rise to 0.91079.
Resistance: 0.91079, 0.92026, 0.93069
Support: 0.89635, 0.88418, 0.87214
USDJPY
The pair is aiming to 82.219. If this level is broken the pair will decline to 81.399.
Resistance: 83.065, 83.933, 84.866
Support: 82.219, 81.399, 80.438
AUDUSD
The pair has drawn Double Top. If the pair breaks 1.04407 the pair will decline to 1.03535 and 1.0270.
Resistance: 1.05332, 1.06164, 1.07005
Support: 1.04407, 1.03535, 1.02705
https://forex-metal.com/news_posts
Asian and European trading sessions:
New-Zealand Dollar: The New-Zealand dollar rate dropped against the competitor currencies after the release of the Consumer price data in New Zealand. According to the published information, the Consumer prices increased only for 0.8%, when the forecasted growth was at the 1.0% level.
Euro: The week started with the decrease of the euro. The EUR/USD pair demonstrated minimums at the level of $1.4350. The euro was pressured as a result of the speculations that the Greece would not be able to avoid default.
Elections in Finland also had a negative influence on the euro. One of the leading political parties “True Finns” is against the EC plan to render financial support to the European countries. Official results of the elections would be published later. The Parliament of Finland would probably block the decision to offer financial support to Portugal. New EUR/USD minimums were set at the $1.4265 mark.
US Dollar: Greenback was in demand on Monday, as concerns over the European debt crises reinforced.
British Pound: The GBP/USD pair dropped below the $1.6300 mark. Trading day minimums were set at the $1.6240 range.
Japanese Yen: The USD/JPY pair decreased to the Y82.60 level, but then managed to rehabilitate.
Gold: Gold rate showed new historical maximum at the $1496.90 level per ounce.
American trading session:
US Dollar: The released decision of the credit agency Standard & Poor’s to reduce the credit rating of the US from stable to negative rendered temporary support to the greenback competitors. As a result, the EUR/USD managed to grow and hit the $1.4350 maximum, and the GBP/USD rate increased to the $1.6300 level.
https://forex-metal.com/news_posts
Technical analysis for 19/04
EURUSD
The pair has declined to 1.41780. The next support is at 1.40690, resistance 1.42996.
Resistance: 1.44400, 1.46222, 1.47342
Support: 1.42996, 1.41780, 1.39600
GBPUSD
The pair is aiming to support 1.62050. If this level is broken the pair will decline to 1.60669.
Resistance: 1.63316, 1.64636, 1.67165
Support: 1.62050, 1.60322, 1.56722
USDCHF
The pair is trying to break 0.89635, this will bring the pair to rise to 0.91079.
Resistance: 0.91079, 0.92026, 0.93069
Support: 0.89635, 0.88418, 0.87214
USDJPY
The pair is aiming to 82.219. If this level is broken the pair will decline to 81.399.
Resistance: 83.065, 83.933, 84.866
Support: 82.219, 81.399, 80.438
AUDUSD
The pair has drawn Double Top. If the pair breaks 1.04407 the pair will decline to 1.03535 and 1.0270.
Resistance: 1.05332, 1.06164, 1.07005
Support: 1.04407, 1.03535, 1.02705
https://forex-metal.com/news_posts