The dollar strengthened second consecutive day against the Euro and the third consecutive day to the pound. On the other hand, the dollar is also slightly stronger yen after a steep three-day decline.
Euro / dollar fell on the Asian session, to the level of 1.4333. Today a pair of supports at 1.4300, along with resistance at 1.4385. Four-stochastic showing negative signs, which implies a downward movement today, with a breakdown of the level of support and achieve the level of 1.4255.
With regard to the Pound / Dollar, then, yesterday, the couple has broken the support level at 1.6010, and currently is trading around 1.5955 level. Pare supports at 1.5900 and resistance at 1.6025. In accordance with a four-Momentum, a couple of bargains in the oversold, so that the rate may be slightly adjusted to further decrease below the level of support.
The dollar rose slightly against the yen in today's Asian session, to compensate for the sharp decline that we saw yesterday, and reached the level of 92,12. Resistance today is at 92.50 and support at 91.45. Four-Momentum supports bullish movement today, so that we may see some growth. Nevertheless, the overall trend remains downward.
Euro / dollar fell on the Asian session, to the level of 1.4333. Today a pair of supports at 1.4300, along with resistance at 1.4385. Four-stochastic showing negative signs, which implies a downward movement today, with a breakdown of the level of support and achieve the level of 1.4255.
With regard to the Pound / Dollar, then, yesterday, the couple has broken the support level at 1.6010, and currently is trading around 1.5955 level. Pare supports at 1.5900 and resistance at 1.6025. In accordance with a four-Momentum, a couple of bargains in the oversold, so that the rate may be slightly adjusted to further decrease below the level of support.
The dollar rose slightly against the yen in today's Asian session, to compensate for the sharp decline that we saw yesterday, and reached the level of 92,12. Resistance today is at 92.50 and support at 91.45. Four-Momentum supports bullish movement today, so that we may see some growth. Nevertheless, the overall trend remains downward.
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