Forex Daily Currency Highlights

The big news from today’s Forex Currency Markets

May 17th
Euro/USD: A rather consolidative session for the Euro today with initial rally attempts meeting strong resistance in and around the 1.2748 area from where values came under renewed downward pressure. However, good support re-emerged in and around the 1.26...
May 16th
Euro/USD: A rather volatile session which saw early Euro weakness challenge support in the 1.2682 area from where some bargain hunting caused a bounce towards initially 1.2741 but a little later peaks close to 1.2959 were established. Profit taking force ...
May 15th
Euro/USD: The Euro came under continued downward pressure today and after early rally attempts ran into heavy overhead resistance in the 1.2869 area values fell away for the balance of the session. Support in the 1.2753 zone came under attack late in the ...
May 14th
Euro/USD: After opening in and around the 1.2900 area the Euro came under continuous downward pressure for the balance of the day. Support finally re-emerged late in the afternoon in the 1.2825 region from where a little short covering cause a slight boun...
May 11th
Euro/USD: After initial Euro weakness uncovered good support in and around the 1.2905 area over the early part of the morning session, short covering caused a rally but only as far as 1.2958 after which the balance of the day saw consolidative activity. T...