OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/USD – Steady as German, French GDPs Improve - MP

FXStreet (Barcelona) - Kenny Fisher, Currency Analyst at MarketPulse notes the lack of activity continuing on Friday for the EUR/USD pair as it trades in the mid-1.24 range in the European session.

Key Quotes

"EUR/USD lost during the Asian session but recovered late in the session. The pair is showing little movement in European trade."

"On the downside, 1.2407 remains a weak support line. 1.2286 is next. This strong line has remained intact since August 2012."

"1.2518 is an immediate resistance line"

GBP/USD overstretched, but clearly bearish - FXStreet

Valeria Bednarik, Chief Analyst at FXStreet sees the GBP/USD pair overstretched to the downside and maintaining a strong technical bearish bias.
Read more Previous

EUR/GBP marca máximos en 4 semanas sobre 0.7950

El euro continuó avanzando frente a la libra y alcanzó máximos en cuatro semanas luego de la publicación de datos económico de la Eurozona.
Read more Next
Start livechat