Negative rally of the euro, EUR/USD drops to 1,4150.
Asian and European trading sessions:
Euro: Wednesday saw a negative rally of the euro as a result of the uncertain situation with Greece and reinforced concerns that Greece would eventually go into default. European leaders could not agree on any specific decision regarding Greek debt crises and concluded to meet again on June 19-th. EU Financial Ministers will try to form an agreement on the bailout terms for Greece.
US Dollar: Consequently the US dollar showed considerable growth against all major currencies. The released today negative US fundamentals did not stop the greenback positive rally.
British Pound: The sterling followed the euro drop and the GBP/USD decreased to $1.6250 level.
Japanese Yen: The USD/JPY traded in the range of Y80.40-Y80.85.
Australian Dollar: The Reserve Bank of Australia Governor, Glenn Stevens, mentioned in his speech that the interest rate would be increased by the RBA soon. Therefore, the Australian dollar rate strengthened on Wednesday and kept the positive dynamics throughout the day.
Oil: Oil was under pressure due to the European crises speculations.
Gold: Gold showed decrease as well and the rate dropped to $1,517.10 mark per ounce. Later the gold recovered to the $1527 level per ounce.
American trading session:
Euro: The EUR/USD closed the trading day at the minimums of $1,4150.
British Pound: The GBP/USD dropped to $1,6200.
https://forex-metal.com/news_posts
Technical analysis for 16/06
EURUSD
The pair has declined to Moving Average (100) at 1.41780.
Resistance: 1.42996, 1.44400, 1.46222
Support: 1.41780, 1.40690, 1.39600
GBPUSD
The pair is trading between Fibonacci retracement 38.2% and Moving Average (100) 1.62050.
Resistance: 1.63316, 1.64636, 1.65706
Support: 1.62050, 1.60322, 1.58543
USDCHF
The pair has broken 0.84685 and aiming to 0.85939.
Resistance: 0.85939, 0.87214, 0.88418
Support: 0.84685, 0.83541, 0.82483
USDJPY
The pair has broken 80.438 and aiming to Moving Average (100) at 81.399.
Resistance: 81.399, 82.219, 83.065
Support: 80.438, 79.707, 79.070
AUDUSD
The pair is declining to 1.05332.
Resistance: 1.06164, 1.07005, 1.07739
Support: 1.05332, 1.04407, 1.03535
https://forex-metal.com/news_posts
Asian and European trading sessions:
Euro: Wednesday saw a negative rally of the euro as a result of the uncertain situation with Greece and reinforced concerns that Greece would eventually go into default. European leaders could not agree on any specific decision regarding Greek debt crises and concluded to meet again on June 19-th. EU Financial Ministers will try to form an agreement on the bailout terms for Greece.
US Dollar: Consequently the US dollar showed considerable growth against all major currencies. The released today negative US fundamentals did not stop the greenback positive rally.
British Pound: The sterling followed the euro drop and the GBP/USD decreased to $1.6250 level.
Japanese Yen: The USD/JPY traded in the range of Y80.40-Y80.85.
Australian Dollar: The Reserve Bank of Australia Governor, Glenn Stevens, mentioned in his speech that the interest rate would be increased by the RBA soon. Therefore, the Australian dollar rate strengthened on Wednesday and kept the positive dynamics throughout the day.
Oil: Oil was under pressure due to the European crises speculations.
Gold: Gold showed decrease as well and the rate dropped to $1,517.10 mark per ounce. Later the gold recovered to the $1527 level per ounce.
American trading session:
Euro: The EUR/USD closed the trading day at the minimums of $1,4150.
British Pound: The GBP/USD dropped to $1,6200.
https://forex-metal.com/news_posts
Technical analysis for 16/06
EURUSD
The pair has declined to Moving Average (100) at 1.41780.
Resistance: 1.42996, 1.44400, 1.46222
Support: 1.41780, 1.40690, 1.39600
GBPUSD
The pair is trading between Fibonacci retracement 38.2% and Moving Average (100) 1.62050.
Resistance: 1.63316, 1.64636, 1.65706
Support: 1.62050, 1.60322, 1.58543
USDCHF
The pair has broken 0.84685 and aiming to 0.85939.
Resistance: 0.85939, 0.87214, 0.88418
Support: 0.84685, 0.83541, 0.82483
USDJPY
The pair has broken 80.438 and aiming to Moving Average (100) at 81.399.
Resistance: 81.399, 82.219, 83.065
Support: 80.438, 79.707, 79.070
AUDUSD
The pair is declining to 1.05332.
Resistance: 1.06164, 1.07005, 1.07739
Support: 1.05332, 1.04407, 1.03535
https://forex-metal.com/news_posts