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Forex: EUR/USD around 1.2950 ahead of ZEW

FXstreet.com (Barcelona) - The bloc currency remains flat-lined in the vicinity of 1.2950 on Tuesday, as market participants eagerly wait for the parliamentary vote on Cyprus’s bailout. Market sentiment, however, seems a tad better than yesterday ahead of the ZEW Survey in Germany and the housing data in across the pond.

At the moment, the pair is down 0.05% at 1.2950 facing the next support at 1.2882 (low Mar.18) ahead of 1.2878 (low Dec.7) and finally 1.2872 (MA200d).
On the flip side, a breakout of 1.3094 (MA21d) would expose 1.3129 (MA100d) and then 1.3135 (high Mar.8).

Forex: EUR/USD from 1.2968 to 1.2934 in a matter of minutes

EUR/USD had a brief spike through 1.2965/75 supply area, which keep limiting advances for the bulls. The rise came, surprisingly, following a Euro-negative headline, in which according to a Cyprus Government Spokesman, the Parliament is unlikely to ratify the bank deposit levy, now trying to find other options to ease the burden on savers. After the ephemeral climb, the Euro automatically fell almost 40 pips to an Asian session low of 1.2934 breaking through the twin floow at 1.2937, printed earlier in the Tokyo open.
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Forex: GBP/USD eases below 1.5100

The sterling is treading water in the proximity of the key level of 1.5100 on Tuesday ahead of the inflation figures in the British economy and the DCLG House prices....
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