Bullet Report – Dollar Still Under Pressure

  • EUR/USD hit 1.1250 in early Asia, but lacks momentum to test/take out 1.1293. The currency pair trimmed gains from 1.1285 to trade around 1.1270 levels. Trading Central prefers long positions above 1.1240 with targets @ 1.1305
  • GBP/USD finds itself under pressure as it heads towards 1.4410. 1.4470 looks to be the main resistance right now. Trading Central prefers long positions above 1.4400 with targets @ 1.4520
  • AUD/USD has pushed to new lows for the session and in the process The low has extended to 0.7568. The pair has a key support target at the 0.7547 level. Trading Central prefers short positions below 0.7635 with targets @ 0.7520
  • USD/JPY dove towards its yearly lows after the Fed’s dovish backtrack on Wednesday.The pair which opened the year just above ¥120.00, is now barely holding above ¥111.00. Trading Central prefers short positions below 112.30 with targets @ 111.00

*Report prepared by the easy-forex Dealing Room

Try our new trading platform www.easymarkets.com and login with your same username and password you use at easy-forex. Experience a better user interface with news, Technical Analysis and charts – all in one page.

The post Bullet Report – Dollar Still Under Pressure appeared first on Forex.Info.

Source:: Bullet Report – Dollar Still Under Pressure

Won't your trader friends like this?
easyMarkets
About the Author
With over a decade of trading expertise and 100,000 fulfilled clients in 160 countries worldwide, easyMarkets will tick all your boxes whether you are a new or experienced trader, affiliate or introducing broker. [space height="20"] Trade 300+ markets including currencies, commodities, metals, vanilla options and indices from one place without the jargon, complicated offers and confusing terms! [space height="20"] Welcome to the exciting world of trading. Welcome to easyMarkets.

Related Posts

Leave a Reply

*