Forex Market Update

11:00 pm Est

Casey Stubbs– Winners Edge Trading

Eur/Usd – currently trading at 1.2834 and there was early corrections at the beginning of the Asian session. The current support levels are at 1.2755, 1.2720 and then 1.2680

The resistance levels at 1.2898, 1.2946 and 1.3000.

Usd/Jpy– Japanese yen is moving to the downside, and is challenging 97.00 to test the 96.60 level. Resistances from  will be at 97.40, 97.87 and above 98.20.

Gbp/Usd – The Pair has rebounded off of lows, and is above 1.3860. The 1.3890 level is a key resistance level if that level breaks we could see a target of 1.3946 and above to 1.4000. supports are 1.3800, 1.3766, 1.3710 and 1.3685.

The following two tabs change content below.
Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news