After a receiving a slight boost following comments from Fed chairman Bernanke yesterday, the Euro largely reversed its gains in overnight trading versus the U.S. Dollar and Yen. Investors appear to be waiting on news from a meeting today at the European Central Bank as to whether more help will be provided to debt ridden Euro-zone countries.

Forex Market Trends

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

Daily Trend
up
up
down
down
up
down

Weekly Trend
down
up
down
down
up
down

Resistance
1.2120
1.4670
92.00
1.1520
0.8460
0.8340

1.2100
1.4650
91.80
1.1500
0.8440
0.8320

1.2070
1.4620
91.50
1.1470
0.8410
0.8290

Support
1.2010
1.4560
90.90
1.1410
0.8350
0.8230

1.1980
1.4530
90.60
1.1380
0.8320
0.8200

1.1960
1.4510
90.40
1.1360
0.8300
0.8180