FOREX August 29, 2014

Forex Daily Report 8-29-2014

USD/CAD was down 0.03% at 1.0858, up from a session low of 1.0811 and off a high of 1.0863. The pair was likely to find support at 1.0797, the low from July 29, and resistance at 1.0998, the high from Aug. 25. EUR/USD was down 0.20% at 1.3156, up from a session low of 1.3155 and off a high of 1.3196.
The euro was weak against the pound, with EUR/GBP down 0.21% at 0.7930, and down against the yen, with EUR/JPY down 0.03% at 136.69. German retail sales declined 1.4% in July, disappointing expectations for a 0.1% rise, after a revised 1.0% gain in June.

Forex trading tips from the pros

Forex Trading Tips

Pressure on EUR/USD

Forex News

forex Forex Daily Report

erevnon.com

View articles

You might be interested in …

NEWS August 1, 2016

Technical Analysis of GBPUSD

by pnik

Technical Analysis of GBPUSD The pair has fell to strong support area near a cluster of support defined by the 100 bar MA on the 4-hour chart, the 200 hour MA and the 100 hour […]

FOREX July 11, 2016

USD/JPY trading signal

by pnik

USD/JPY trading signal Looking at the 5-minute chart, USD/JPY has slowed the momentum at the high of the day, but has remained in a channel. The topside trend line come in at 102.90 while the […]

FOREX July 4, 2016

EUR/USD trading

by pnik

The pair recovered from European session lows and erased intraday losses over the last hours, before entering a consolidation phase amid low volume given the US Independence Day. It is time to take advantage of […]