The greenback fell further overnight against all the major pairs and commodity-related currencies, with little relief seen in the New York session. The initial general shift in sentiment began earlier today in Europe after Moody’s scolded the US government about its lack of a plan to curb its deficit. S&P
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Eur/$ has indeed continued higher, breaking above the July 20th high at 1.3030 and on way toward the long held 1.3120/35 resistance area next (38% retracement from the Nov high at 1.5140). However, the market is nearing overbought after the gains from the Nov low at 1.1880, is potentially within
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Price action has managed to trade above our 50 day simple moving average over the past week. Today’s breakout confirms our bullish bias and has paved the way for a potential rally towards 1.3687. If this resistance level does not hold up, the next level will come near the 1.3865
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FXstreet.com (Barcelona) – Wall Street bounced from mid-day intraday lows, yet failed to sustain a…



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GBPJPY - British Pound / Yen

British Pound / Yen

Weekly Daily Hourly
Trends
Resistances 137.6 136.6 136.3
Supports 134.4 135.6 135.9
Our strategy
Entry Stop Target 1 Target 2
136.2 135.9 136.6 137

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IBTimes
Forex: GBP/USD pulls back below 1.5600
NASDAQ
FXstreet.com (Córdoba) – The Dollar and the Yen gained momentum across the board in the last hour as stocks in Wall Street turned negative, trimming early
Loonie Locked In Tepid Tango With GreenbackForbes (blog)
Market News by Forex-MetalForex Hound
Forex: Dollar down, Stocks up as Jobless Claims decline by 11000. Euro hits CountingPips (blog)
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USDCAD - US Dollar / Canadian Dollar

US Dollar / Canadian Dollar

Weekly Daily Hourly
Trends
Resistances 1.045 1.039 1.036
Supports 1.025 1.03 1.034
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