OctaFX | OctaFX Forex Broker
Open trading account
Back

Forex: EUR/USD treading water around 1.3090/1.3100

FXstreet.com (Barcelona) - The shared currency is holding steady around 1.3090/1.3100, as markets are approaching to the last part of the trading session on Tuesday. The sentiment surrounding the euro thus remains intact ahead of tomorrow’s FOMC minutes, which could threaten the current rally via supporting the greenback.

Wednesday’s docket will kick in with the Chinese Trade Balance figures ahead of French, Spanish and Italian industrial production. Across the pond, the FOMC minutes will be in the centre of attention.

At the moment, the cross is up 0.63 % at 1.3093 with the next resistance at 1.3107 (high Mar.15) ahead of 1.3115 (38.2% of Feb-Apr slide).
On the flip side, support levels line up at 1.2963 (low Apr.8) ahead of 1.2949 (high Apr.4).

Forex: GBP/USD rises to test the 1.5340, intra-day high

After rising around 60 pips from the 1.5280 in the American session, the GBP/USD has broken above the 1.5325 level to reach fresh intra-day high at 1.5340. Currently the Cable is trading at 1.5335.
Read more Previous

Forex: AUD/USD rises above 1.0500

The Australian dollar has continued to move higher against the greenback and pierced the 1.0500 level to score a fresh 11-week high as US stocks reach intraday peaks.
Read more Next
Start livechat