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Forex: EUR/GBP accelerates to 0.8370 resistance area
FXstreet.com (Barcelona) - The Euro is showing strength on Thursday's European session, and the EUR/GBP has mimicked the EUR/USD and, after brief consolidation between 0.8320 and 0.8340, the pair has broken higher to reach 0.8370 session high. forex research 29 Jul 2010
Forex: AUD/USD pares yesterday's loses and returns to 0.9035
FXstreet.com (Barcelona) - Australian Dollar is going through a strong recovery on Thursday as the pair has rallied more tan 130 pips during the day, bouncing from 0.8905 to regain all the ground lost on Wednesday and reach 0.9025/35 resistance area. forex research 29 Jul 2010
Forex: GBP/USD rally capped at 1.5660
FXstreet.com (Barcelona) - The Pound attempted to extend rally from 1.5120 low last week, and the pair managed to break higher on early European session, reaching fresh 5-month high at 1.5660, to ease afterwards to 1.5630 area at the moment of writing. forex research 29 Jul 2010
Forex: The Aussie surges across the board
FXstreet.com (Barcelona) - The Australian Dollar is back on the spotlight, being the best performer at the European opening bell, advancing decisively across all its rivals on Thursday. After the setback following disappointing figures in its CPI, the market prompted heavy buying pressure. forex research 29 Jul 2010
Forex: EUR/USD hits fresh 11-week high at 1.3090
FXstreet.com (Barcelona) - The Euro has stretched higher against the Dollar on European session, breaking above 1.3045 session high to extend its rally from last week's low at 1.2730 to a fresh 11-week high at 1.3090 before pulling back to 1.3060. forex research 29 Jul 2010
Forex: USD/JPY dips below 87.00, testing 86.80 support
FXstreet.com (Barcelona) - Dollar rejection from Yesterday's high at 88.10 has extended on European session, after a timid recovery attempt, which has been capped at 87.45 area, and the pair has broken below 87.00/10 support area to test 86.80 at the moment of writing. forex research 29 Jul 2010
Forex: USD/CAD rejection from 1.0395 extends to levels close to 1.0300
FXstreet.com (Barcelona) - US Dollar recovery from yesterday's low at 1.0300 was rejected at 1.0395 resistance area on Asian session opening, and the pair has remained pulling down since, to give away gains, approaching 1.0300 support at the time of writing. forex research 29 Jul 2010
Forex: USD/CHF - The Swissy rises, breaks 1.0500
FXstreet.com (Barcelona) - The Swiss Franc is on the rise for a second straight day on Thursday, prolonging yesterday's run from a 2week high at 1.0640 to 1.0491, new intra-day low for the pair. Current price sits at 1.0493, a 0.61% lower than its previous close. forex research 29 Jul 2010
Forex: EUR/USD breaks above 1.3045 level
FXstreet.com (Barcelona) - The Euro has caught up upside momentum on early European session to rally about 80 pips higher, breaking above the last three days trading range top, at 1.3045, and reach a fresh 11-weeks high at 1.3075 so far. forex research 29 Jul 2010