OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: EUR/USD testing lows around 1.2815/20

FXstreet.com (Barcelona) - The shared currency keeps the negative path as we head towards the last part of the NA session on Tuesday, testing intraday lows in the area of 1.2815/20.

Moving forward to Wednesday docket, the risk trends will be put to the test early in the Asian session with the Chinese HSBC Services PMI. Preliminary annual reading of the EMU CPI will follow, ahead of the ADP Employment Change in March and the ISM Non-Manufacturing.

At the moment, the cross is losing 0.22% at 1.2820 with the next support at 1.2751 (low Mar.27) ahead of 1.2730 (low Nov.19) and finally 1.2680 (61.8% of 1.2042-1.3711).
On the flip side, a break above 1.2886 (MA200d) would expose 1.2890 (high Mar.26) and finally 1.2943 (MA21d).

Forex: USD/CHF sideways trading at 0.9487/88

The USD/CHF has traded sideways recently during US trading Tuesday, having been devoid of catalysts during the latter stages of the morning. In these moments the pair failed to make a break above 0.9500 level (0.9495 session high), trading positively at 0.9487/88 at the time of writing.
Read more Previous

Forex: USD/JPY declines from highs

The USD/JPY is currently retreating from daily highs at 93.55 to trade close to 93.25. Previously, the pair recovered from 92.55, the lowest level since March 1st, to post daily advances at 93.55.
Read more Next
Start livechat