OctaFX | OctaFX Forex Broker
Open trading account

Forex: EUR/USD keeps highs despite Sentix

FXstreet.com (Barcelona) - The single currency keeps pushing higher on Monday, despite investors’ confidence in the euro zone gauged by the Sentix index dropped to -17.3 for the month of April, vs. -13.1 forecasted and -10.6 previous.

Next on tap will be the German Industrial Production, with prior surveys expecting the sector to improve 0.3% during February. Across the pond, the most relevant event will be Chief Bernanke’s speech, due tonight.

At the moment, EUR/USD is advancing 0.15% at 1.3010 with the next resistance at 1.3040 (high Apr.5) followed by 1.3050 (high Mar.25) and then 1.3107 (high Mar.15).
On the downside, a breach of 1.2918 (MA21d) would bring 1.2896 (MA200d) and finally 1.2868 (MA10d).

Forex Flash: EUR crosses are technically mixed - UBS

UBS Strategists Gareth Berry and Geoffrey Yu have taken a look at today's EUR crosses from a technical perspective.
Read more Previous

Forex: GBP/JPY falls off highs to 151.13/18

The GBP/JPY has given back some of its early gains, following a peak at the 151.81 level earlier today during European trading. However, in recent minutes the pair has eased slightly back to the 151.13/18 mark, though still notching an advance of +0.50%.
Read more Next
Start livechat