The EUR/USD was in a buy mode yesterday. The euro was strengthening ahead of the Fed meeting. The single European currency got an additional upward momentum when the Fed decided not to change the rate. The price grew from the lowest mark at 1.1120 towards the 1.1200 region during the trades. The resistance is seen at 1.1270, the support stands at 1.1200.
We will consider buying the euro if the price fixates above 1.1200. Should the EUR/USD break the support 1.1150 down and the price will advance towards 1.1100.
The pair closed bullish on Wednesday. Traders were able to push the price from the daily low towards the 1.3050 region. The current resistance is seen at 1.3100, the support exists at 1.3000.
The bearish tone switched to the bullish one. We believe that the pound will keep strengthening towards the level 1.3100.
The pair held a bearish tone yesterday. The USD/JPY got under intense selling pressure. Sellers were able to push the price lower. The dollar retreated from the daily high, broke the levels 101.40 and tested the level 100.40. The resistance is at 101.40, the support comes in at 100.40.
We have a short-term bearish outlook for the pair. If the price does make breakout of the support 100.40 the instrument will advance towards 99.50
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