Negative economic data, as well as speculation regarding further monetary easing by the Federal Reserve, pushed the USD to its lowest level since April. Markets await the release of the Non-Farm Payrolls (NFP) data due Friday for signs of the economic conditions in the US.

Forex Market Trends

 EUR/USDGBP/USDUSD/JPYUSD/CHFAUD/USDEUR/GBP
Daily Trendupupdowndownupup
Weekly Trendupupdowndownnodown
Resistance1.34001.615086.301.05000.93200.8350
1.33401.605086.051.04750.92450.8330
1.32601.598085.751.04500.91800.8315
Support1.31501.586085.301.03800.90700.8285
1.31001.580085.051.03500.90200.8270
1.30501.572084.751.03150.90000.8250