EUR/USD – Last: 1.3451
Resistance 1.3510 1.3565 1.3695
Support 1.3440 1.3360 1.3340
British Pound (GBP) – The Pound fell against the Dollar after the investigation of Goldman Sachs Group which brought investor to buy the Dollar as a refuge. The GBP/USD has broken the main support at 1.5350 levels and crossed downwards the 10 moving average therefore the momentum is bearish. Overall, GBP/USD traded with a low of 1.5360 and with a high of 1.5474.
GBP/USD - Last: 1.5250
Resistance 1.5310 1.5450 1.5525
Japanese Yen (JPY) –The Yen strengthened against all majors as speculation China may take further steps to slow its economy and Greece may trigger a $61 billion rescue package spurred demand for relative safety. As long the USD/JPY traded below 92.20 a short positions is preferred. Overall, USD/JPY traded with a low of 91.90 and with a high of 93.93.12.
Resistance 92.55 93.50 93.70
Canadian dollar (CAD) – The Canadian Dollar dropped the most in seven weeks versus the Dollar as stocks tumbled after the Securities and Exchange Commission sued Goldman Sachs Group Inc. USD/CAD has broken the resistance at 1.0100 as long it trades above this level a long positions is preferred. Overall, USD/CAD traded with a low of 1.0003 and with a high of 1.0164. Today, Foreign Securities Purchases are expected to weak from 11.83B to 8.65B.
USD/CAD - Last: 1.0161
Support 1.0088 1.0000 0.9950