Euro is getting stronger comparatively to USD because of dark prospective of the American economical situation. The European economy is the only one whose performance is worse than of the America’s. The recent days the Euro is traded on the level of 1,4079 after reaching extreme marks of 1, 4085 and 1, 3988. The resistance currently is 1,4080, support 1,4053.
Pound/USD pair is cutting down as the total USD recession levels are still less than the ones of the Great Britain.
The Pound is traded on the level of 1,4734 after reaching extreme marks of 1, 4798 and 1,4713. The resistance currently is 1,4740, support 1,4710.
That’s the pair’s range since the momentum indicators are showing mixed signals in different time ranges.
USD/Yen pair is trading in a narrow hall due to lack of the economic statistics for the America. Yen has been traded recently at the level of 90,39 after deviations of minimum and maximum 90,84 – 90,31. Resistance is 90,52, support – 90,43.
Any tiny deviations in currencies pairs are the result of exceptionally technical movements.
