This morning the EUR is showing strength, currently up at the 1.4949 level from its open of 1.4933. Support 1.4925/30, resistance 1.4995/00 and 1.5030/35. This morning Cable is showing strength again for the third day in a row, now at around the 1.6092 level from its open of 1.5999. Next resistance at 1.6095/00. This morning the JPY/USD pair are showing strength up around the 89.46 level up from its open of 89.32.
Due for release today is the JPY Industrial Production, JPY Capacity Utilization, JPY Bank of Japan Monthly Report, EUR ECB Publishes Monthly Report, CHF ZEW Survey, EUR Euro-Zone COnsumer Price Index, EUR Euro Zone Price Index – Core, USD Consumer Price Index Ex Food and Energy, USD Initial Jobless Claims.
By Ultimate Forex Profits
