EUR/USD has remained at or near its 7-week high throughout overnight trading, as investor confidence in the 16-nation currency continues to rise. Currently trading around the 1.2665 level, the pair's next major resistance line is around 1.2676. Should the pair break this level, it could see further gains throughout the day today.

Forex Market Trends

 
EUR/USD
GBP/USD
USD/JPY
USD/CHF
AUD/USD
EUR/GBP

Daily Trend
up
up
up
down
up
no

Weekly Trend
up
up
up
down
up
up

Resistance
1.2730
1.5265
89.00
1.0590
0.8800
0.8410

1.2710
1.5245
88.80
1.0570
0.8780
0.8390

1.2680
1.5215
88.60
1.0540
0.8750
0.8360

Support
1.2620
1.5155
88.00
1.0480
0.8690
0.8300

1.2590
1.5125
87.70
1.0450
0.8660
0.8270

1.2570
1.5105
87.50
1.0430
0.8640
0.8250