OctaFX | OctaFX Forex Broker

      EUR/USD approaching 1.3400 level again - FXStreet

      FXStreet (Łódź) - As FXStreet Chief Analyst Valeria Bednarik observes, EUR/USD is moving closer to the 1.3400 level again, following the release of mixed US data on Friday.

      Key quotes

      "The hourly chart is showing price inside a symmetrical triangle with the roof around 1.3402 offering immediate short term resistance."

      "Indicators in the same time frame aim higher above their midlines, while price stands above moving averages, all converging in the 1.3360/70 area, reflecting the lack of clear directional strength."

      "In the 4 hours chart the pair also presents a mild positive tone, yet unless a clear advance beyond 1.3440 buying at current levels remains risky."

      USD/CHF hits 1-week low

      The USD/CHF resumed the downside and touched a fresh 1-week low at the beginning of the American session, although the pair has tough support at the 0.9030 zone.
      了解更多 Previous

      JPY: Exceptional strength - HSBC

      The HSBC team of analysts suggest, against the general consensus, that the Yen is going nowhere against the USD.
      了解更多 Next